SES stock among the neglected values of the SBF 120, -35% in three months
The Luxembourg-based satellite operator is among the most neglected values of the SBF 120 in early afternoon trading, while the Paris index itself is moving slightly in the red. The stock is approaching a technical threshold that has been monitored for several weeks, in an underlying trend that remains severely oriented downwards over the last three months.
SES slides towards its support at €4.62, below its three moving averages
SES stock falls 2.22% to €4.67 in trading, ranking among the strongest declines of the SBF 120 in a Paris market that is itself down slightly by 0.31%. The stock is approaching its support level at €4.62, a threshold already tested in mid-September before a temporary rebound, and its breach downwards would worsen an already severely negative configuration. Selling pressure in the session is exerted on a stock that is unable to break free from the grip of its moving averages: the price is 2.46% below the 20-day MA at €4.79, and the gap widens further against the 50-day MA at €5.59 (more than 16% above the current price). The RSI at 39, while not yet in oversold territory, confirms that momentum remains oriented towards selling, far from the extreme levels observed in early September when it had fallen around 25-26.
A quarterly trend severely degraded despite several rebound attempts
Over three months, SES shows a decline of 35%, a depreciation that puts the technical rebounds recorded in recent weeks into perspective. The stock has indeed alternated surges and declines since early September: the contract with the Peruvian navy had triggered a rise of nearly 6% on September 3rd, before the stock resumed its decline in the following session. The extension of the partnership with Elveo Mobile, announced on September 15, 2026, had also sparked a brief rebound of 2.5%, without triggering a reversal of trend. Over one year, the stock has lost nearly 25%, erasing most of the gains accumulated since the peak at €8.26 recorded in May 2026. The resistance at €5.47 remains very far from the current price, and the support at €4.62 is now the only visible line of defense in the short term for the stock.