Thales Shares Climb Nearly 3% and Reach the Podium of the CAC 40

The Stock Takes Third Place in the CAC 40 Amid Favorable Macroeconomic Context

Thales shares gain 2.83% at €235.90, while the CAC 40 advances 0.68% to 8,393.85 points. The stock settles into third place in the CAC 40, behind Carrefour (+3.89%) and ArcelorMittal (+3.84%). The rebound is part of the continuation of the movement started yesterday, already documented on the rise of the group within the Parisian podium.

Over the week, the stock has regained 4.71%, but remains down 11.48% over three months, illustrating the magnitude of the correction that began in early June in defense stocks. The European macroeconomic environment provides fundamental support to the session: according to Eurostat's flash estimate, inflation in the euro zone came out at 2.8% in June, below the consensus of 3.0%, and Christine Lagarde assessed at Sintra that inflation-growth risks now appear more balanced. This context translates into a general rise in European indices, with the DAX gaining 0.43% and the FTSE 100 0.46%.

The 50-Day Moving Average at €234.86 Crossed, Resistance at €239.60 in Sight

Today's movement allows the stock to move back above its 20-day moving average (€231.73) and approach its 50-day moving average at €234.86, making contact at +0.44%. This configuration marks a turning point after several weeks of decline, as the value had broken its support at €219.40 at the end of June. The next technical milestone is at €239.60, a resistance threshold identified in today's data. The 200-day moving average at €244.94 remains at a distance, with a 3.69% gap to close to move back above this long-term reference.

The RSI at 43 indicates a neutral configuration, without any overbought signal despite the rebound. The MACD remains below its signal line, with a negative histogram at -0.29, consistent with the ongoing technical reconstruction phase.