Trigano Stock Climbs to €159.50, Challenging Key Resistance at €159.70
The French recreational vehicle manufacturer continues its rebound in early afternoon trading at €159.50, up 2.7% from the previous day. The stock moves contrary to the CAC 40, which is down 0.3% in the session. Over the week, the stock now shows a gain of 8.4%.
A Stock Testing Its Resistance Following the Semi-Annual Report
Today's movement extends the momentum initiated after the semi-annual accounts published on May 7. The group then announced a net profit of 121.3 million euros, up 14.8%, and a revenue increase of 6.2% to 1,779.7 million euros for the first half of the 2025/2026 fiscal year. At €159.50, the TRIGANO stock is very close to the resistance threshold identified at €159.70, which was already tested unsuccessfully in April. Breaking through this threshold would technically open up new space, but the stock is also at the high end of the Bollinger Bands (84% of the band), a configuration that suggests potential exhaustion after the bullish sequence. The RSI at 52 remains neutral, with no signs of excess. The stock is now trading above its three moving averages, at €154.97 for the MM20 and €156.63 for the MM200, indicating a short and medium-term trend recovery.
A Rebound Contrary to a Parisian Market Weighed Down by Oil
Today's advance occurs in a deteriorating market environment. The CAC 40 is down 0.3% at 7,956 points, the SBF 120 loses 0.21%, and the DAX drops 1.34%. Brent crude is around 106 dollars, up 1.8%, driven by ongoing tensions around the Strait of Hormuz and the lack of diplomatic progress between Washington and Tehran. Vallourec leads the gainers with +9%, followed by Soitec and STMicroelectronics. Meanwhile, Trigano's stock is down 5.3% over three months, despite a 36.1% increase over a year. The next financial event is the publication of the third-quarter 2025/2026 revenue, expected on June 24, 2026.
