Vicat's Stock Rebounds Nearly 2% and Reaches its 20-Day Moving Average at €61.70
The cement manufacturer from Isère is regaining strength at the end of the week, after several sessions of selling pressure that had pushed it below its support threshold. This movement occurs in a well-oriented Parisian market and allows the stock to retest a closely watched technical marker.
A 1.98% Rebound Brings the Stock Back to its 20-Day Moving Average
Vicat's stock gains 1.98% to €61.80 during the session, within an SBF 120 that is up by 0.42%. The increase brings the stock precisely back to its 20-day moving average (MM20) at €61.70, after having breached its support at €59.10 earlier in the week. The RSI at 44 indicates a neutral setup, consistent with a technical rebound without excess. The 50-day moving average (MM50) at €62.97 remains slightly above the current price and represents the next graphical level being monitored. Beyond that, the 200-day moving average (MM200) at €66.64 shows a gap of more than 7% from the current levels, indicating that the medium-term trend is still deteriorating: over three months, the stock is still down by 17.71%.
Today's Rebound Reflects a Generally Favorable Session for Cyclical Stocks
Today's rebound occurs in a session generally favorable for cyclical stocks, with the CAC 40 up by 0.39% and the DAX gaining more than 1%. However, the decline remains significant (-17% over a year). As a reminder, during the announcement of the first quarter revenue in early May, the group reported a growth of 8.5% to €922 million, driven by price increases in Europe and volume recovery in California. Despite the spring correction, the stock has maintained a year-on-year gain of 9.38%. The MM50 at €62.97 is now the next graphical marker to watch.
