SES stock breaks through its support at €4.83 and plunges 50% in three months

A support broken during the session amid persistent quarterly pressure

SES declines 3.35% to €4.73 during the session, after breaking through its support at €4.83 and remaining below it. This is a concrete technical signal: this floor had previously contained pullback attempts, and its downward breach now opens a price corridor without any identified support before the distant resistance at €7.40. Today's decline is part of a severe three-month collapse, with the stock having lost nearly 50% over three months, and nearly 18% over the past month alone.

The market context is not helping matters: the CAC 40 and SBF 120 are both declining during the session, while the VIX is advancing more than 10% intraday, a sign of heightened nervousness in European markets. SES thus figures among the steepest declines in the SBF 120 at midday.

An RSI in extreme oversold territory and three moving averages well above the price

The technical indicators landscape remains bleak. The RSI at 27 signals a clear oversold configuration, extending the selling pressure visible for several weeks. The price is well below its three moving averages: the 20-day MA at €5.22 represents a negative gap of 9.39%, the 50-day MA at €6.42 widens the gap to more than 26%, and the 200-day MA at €6.57 shows a distance exceeding 28%. These three levels now act as potential ceilings in any rebound attempt.

Over one year, the stock is down nearly 21%. The MACD also sends a sell signal, although the histogram is turning slightly positive (0.0377), indicating a very slight slowdown in the bearish momentum without reversing its direction. To find a credible stabilization signal, the consensus of analysts as well as trend indicators will need to confirm a lasting return above the 20-day MA, still distant by nearly 10% from the current price.