Unibail-Rodamco-Westfield stock breaks below the €90 threshold, RSI in oversold territory

The €90.66 support broken during the session, the stock settles below its three moving averages

Unibail-Rodamco-Westfield is down 1.5% to €89.30 in early afternoon, as the stock broke through its support level at €90.66 during the session without managing to recapture it. This level coincides with the previous day's closing price, which amplifies the significance of the slip. The technical configuration is degraded across all timeframes: the stock is trading below its MA20 at €93.82 (gap of 4.82%), its MA50 at €99.58 (gap of 10.32%) and its MA200 at €98.67 (gap of 9.50%).

This positioning below the three moving averages reflects sustained selling pressure. The RSI at 27 is in oversold territory, a level already reached in early September and which, at that time, had not prevented the stock from continuing its decline before stabilizing. The next resistance is located at €103.05, approximately 15% above the current price.

A quarterly decline of 13% in a context of rising debt costs and ongoing American acquisitions

Over three months, the stock is down 13.17% and has fallen nearly 10% over the month, erasing virtually all of its annual gains (the one-year performance stands at +0.43%). This decline occurs in a nuanced fundamental context. During the publication of first half 2026 results, on July 30, the group confirmed its guidance while mentioning an average debt cost rising to 2.3% against 2.1% in 2025, weighing on profitability as low-coupon borrowings are renewed.

Among the positive elements communicated on that occasion were the signing of a conditional agreement to acquire 50% of Westfield UTC in San Diego and the buyback of all of Westfield Southcenter through capital recycling, two operations that demonstrate a strengthening of the American portfolio. The stock is currently trading at around 9.6 times the expected earnings for the current fiscal year, according to the consensus of analysts tracked. The next benchmark for the stock's trajectory will be the holding or breaking of the €89 zone, the last observable floor before the next resistance at €103.05.