Stellantis Shares Drop 7.39% Despite Return to Profit in Q1

A Quarterly Publication That Fails to Convince

This morning, the group announced a return to profitability in the first quarter, with a net result of 400 million euros and revenues up by 6% to 38.1 billion euros. Growth is driven by North America and broader Europe, two regions where Stellantis claims to have outperformed declining markets. However, the automaker acknowledges ongoing difficulties in Asia-Pacific and South America, as well as uneven profitability across regions. The session unfolds in an unfavorable sector context: Renault is down 2.51%, and Ferrari Group falls by 1.00%. The CAC 40 is down 1.32% and the SBF 120 drops 1.19%. Brent crude is around 124.64 dollars, its highest since March 2022, amid a prolonged blockade of the Strait of Hormuz. This energy backdrop traditionally weighs on automobile manufacturers, who are major energy consumers.

The Stock Nears the Lower Bollinger Band

At €6.15, the price is moving towards the lower end of the Bollinger Bands, whose lower boundary is at €5.85. The stock is also nearing its support level at €5.53. Both the 50-day (€6.43) and 200-day (€8.07) moving averages are above the current price, continuing the bearish trend observed for several weeks. The RSI, at 54, remains in a neutral zone despite the magnitude of today's decline, indicating that the daily movement has not yet shifted the indicator into oversold territory. A 15.73% loss over seven days has erased the entirety of the rebound observed in mid-April following the announcement of a 12% increase in quarterly billings. The financial calendar indicates that the next official milestone is the publication of the second quarter 2026 results, scheduled for July 30. The support at €5.53 is now the closest technical threshold identified in the data.