Ubisoft shares slip below their €4.26 support and fall 3.5% intraday
The Brittany-based publisher extends its decline in a Parisian market that is nonetheless well oriented. The stock ranks near the bottom of the broader index, under pressure from a decline that has lasted several weeks.
A broken support leaves the stock below its three moving averages
The stock loses 3.39% to €4.21, while the SBF 120 gains 1.25% and the CAC 40 rises by similar proportions.
Ubisoft intraday broke its €4.26 support, which now acts as resistance, and remains below it (last price at €4.21). The move extends a slide already documented during the session of October 23, when the stock had lost its €4.63 support.
The price is also below its three moving averages, with a gap of 12.41% relative to the MM20 and 14.20% relative to the MM200.
The RSI stands at 25, an oversold zone that reflects the severity of the decline over the past week, at -15.16%. The next support lies at €3.79.
An index ranking that places Ubisoft among the largest decliners
In the SBF 120, Ubisoft is among the biggest decliners of the session, behind Pluxee, DBV Technologies and Worldline, while the index advances. The 19.51% drop over one month and 46.94% over one year shows that the stock did not benefit from the rebound observed in the market.
Bearish bets remain in place: reported net short positions reach 10.68% of the share capital, spread across ten funds, according to the declarations consulted. They are however down 1.42 points over thirty days, after 12.10% one month ago.
A level of this magnitude signals that institutional investors remain positioned against the stock or are seeking to hedge an exposure, without allowing conclusions about their intentions. The €3.79 support is the next technical level identified in the data.
