SES Stock Falls 33% in Three Months and Threatens Its 4.62€ Support Level
The Luxembourg-based satellite operator declines sharply this Tuesday, contrary to an SBF 120 that closes in positive territory. The stock remains caught in a severely deteriorated trend over three months, despite a few technical rebounds occurring in recent weeks.
A 2% decline that places the stock among the biggest losers of the SBF 120, under persistent selling pressure
SES closes at 4.78€, down 2.05% compared to the previous session (4.88€), while the SBF 120 gains 0.24% and the CAC 40 advances 0.20% at their respective closing times. With this decline, the stock ranks among the biggest losers of the SBF 120, ranking 111 out of 120 members. Over one month, the loss reaches 2.93%, and over three months, the balance stands at -33.22%.
The week remains slightly positive (+1.02%), reflecting the volatility that has characterized the stock since summer. The 31 million euro share buyback program announced in June 2026, executed at approximately 6% by August 7th, provides limited support given the extent of the quarterly decline.
The price in contact with the 20-day moving average but far below its long-term averages
From a technical perspective, the configuration is instructive: the price is evolving in contact with the 20-day moving average at 4.79€, with a negative gap of only 0.25%. This level will play a pivot role in the short term. Conversely, the distance from long-term averages remains considerable: the 50-day moving average is at 5.64€, or 15.28% above the current price, and the 200-day moving average at 6.52€, representing a gap of 26.72%.
This dual gap illustrates the extent of technical deterioration accumulated since spring, when the stock briefly touched an unprecedented high since 2022 at 8.26€. The RSI at 43 remains in neutral territory, without oversold signals as was the case in early September (RSI at 25-26). The 4.62€ support level constitutes the next threshold to monitor should selling pressure resume.
