Vivendi share price drops 32% in three months and flirts with oversold territory
The half-year results for 2026 published this Thursday provide a framework for Vivendi's trading session, with the share attempting to recover after briefly breaching its support level during the morning. The share nonetheless remains firmly anchored below its three moving averages, in a context of slightly declining European markets.
Fragile rebound after support level breakdown at €1.59 during the session
Vivendi gains 0.82% to €1.60 during the session, after briefly breaking its support level at €1.59 during the morning before rising above this threshold again. This return above the critical level for now limits technical damage, but the configuration remains tense. The share is below its 20-day moving average at €1.65 (gap of -3%), itself clearly outpaced by the 50-day moving average at €1.85 and the 200-day moving average at €2.12, respectively -13.51% and -24.53% above the current price.
The RSI at 31 reflects a configuration close to oversold territory, without yet crossing the 30 threshold. Over one month, the variation is virtually flat (+0.25%), but over three months the share has lost 32.15% and nearly 47% over one year, placing today's rebound within a very pronounced downward trend. The SBF 120, in which Vivendi advances 0.82% during the session, declines 0.13%, and the CAC 40 falls 0.24%.
Half-year results published this Thursday, against a backdrop of bond markets under pressure
These accounts come in a context of difficult overall market conditions: global sovereign yields continue to rise, with the American 10-year approaching 4.8% and the British gilt reaching a peak since 2008 at 5.268%, driven by the joint effect of soaring oil prices (Brent above $95 per barrel since the resumption of hostilities between the United States and Iran) and concerns about public debt. This high-rate environment weighs on valuations of media and entertainment groups, whose financing models and valuation multiples are sensitive to the cost of capital. The resistance identified at €2.03 remains very far from the current price, more than 26% above. Today's publication therefore constitutes the next concrete framework for assessing the group's operational trajectory.
