Stellantis share rebounds and ranks among CAC 40 gainers
After a difficult August marked by disappointing registrations and a decline of more than 22% over three months, Stellantis posts a modest rebound on Monday that allows it to rank among the best performers of the CAC 40 in a virtually flat session. The stock regains close contact with its 50-day moving average, a threshold that will determine the continuation of the upward movement initiated over recent sessions.
A rebound that places Stellantis among the strongest gainers in a balanced CAC 40
Stellantis advances 1.31% to €4.84 during the session, in a CAC 40 trading flat (+0.08%). The Italian-American automaker thus ranks among the strongest gainers of the Paris index, while its only available comparable, Renault, declines 0.10% over the same period. This rebound extends a weekly upward momentum of 3.45%, which partially offsets a decline of 22.23% over three months — the amplitude of the quarterly pullback remains substantially larger than the weekly gain. Market context remains non-directional: the VIX rises 5% to 15.26, signaling a slight uptick in risk aversion without reaching an alarming level.
In contact with the 50-day MA, a technical configuration that regains some strength
On the indicators side, Stellantis is trading in contact with its 50-day moving average, set at €4.85, with a negative gap of only 0.15% — a near-zero level that makes it the threshold to watch in coming sessions. The stock is moreover clearly above its 20-day MA at €4.61, with a positive gap of more than 5%, reflecting a renewed short-term momentum since the month's low. Conversely, the 200-day MA at €6.72 remains very far above the current price (gap of nearly 28%), highlighting the extent of structural depreciation accumulated over a year. The RSI at 43, close to neutral territory without oversold or overbought signals, offers no strong directional indication.
The next resistance level is at €5.28, representing an upside potential of approximately 9% from the current price, while support is identified at €4.38. From a fundamental perspective, according to the consensus of tracked analysts, the stock trades at approximately 8.8 times current fiscal year earnings and 4.3 times the following fiscal year earnings — a contained valuation reflecting the uncertainties weighing on the automotive sector. The press conference of Stellantis Pro One at the IAA Transportation in Hanover, scheduled for September 14, will constitute the next concrete sector milestone for the group.
