Viridien shares among the most sought-after values of the SBF 120
Against the grain of a slightly declining SBF 120 this Thursday, the French geoscience specialist is holding firm and posting one of the best performances of the broader index. Brent, which is rising more than 2% during the session to $105.19 per barrel, provides substantial support to a value directly exposed to the oil cycle.
A 2.6% rebound propels Viridien among the strongest gains of the SBF 120
Viridien gains 2.6% to €98.70 during the session, in an SBF 120 that gives up 0.26% and a CAC 40 that declines 0.23%. The stock is thus among the strongest gainers of the broader index, bucking a session penalized by rising bond yields. Brent is trading at $105.19 per barrel, up 2.05%, which mechanically supports values linked to oil services.
Over one week, Viridien is already up 7.28%, and over one month, the gain reaches 12.61%. The medium-term momentum is equally solid, with a gain of 10.28% over three months and 52.08% over one year.
Tense technical configuration: the stock approaches its resistance level at €99.40 with a short position of 8% of capital
At €98.70, the stock is approaching its resistance level at €99.40, representing a gap of less than 1%: a break through this threshold would change the technical picture. The stock is trading significantly above its 20-day moving average at €90.02 (gap of nearly 10%) and its 50-day moving average at €88.50, reflecting a clear bullish short-term momentum. However, the 200-day moving average at €108.01 remains well above the current price (gap of 8.6%), a sign that the stock has not yet fully recovered from its long-term decline. The RSI at 60 remains in positive territory without reaching the overbought zone.
In parallel, declared net short positions represent 8.08% of capital, spread among nine funds, according to consulted filings. This level, up 1.69 points over thirty days, reflects a significant presence of institutional bearish bettors, which maintain structural pressure on the stock even during rebound phases. The resistance level at €99.40 is now the session's pivot point.
