Vivendi stock breaks through its support level at €1.46 and posts a five-year low
The media and communications group's share briefly touched a floor of €1.45 during trading, unchanged since 2021, before recovering slightly. The underlying momentum remains marked by a decline of nearly one-third over three months, while the SBF 120 posts modest gains on Tuesday.
A five-year low reached during trading before a partial rebound
Vivendi SE briefly broke through its support level at €1.46 on Tuesday, falling to €1.45 during the session, a level equivalent to that reached in 2021. This marks a five-year low, confirmed by intraday market data. The share has since recovered to around €1.47, partially erasing the decline, but the configuration remains fragile.
This floor had already been approached in early September, when the share fell to €1.46 in a European market that was itself declining. Over one month, the decline stands at 10%, and over three months, losses exceed 32%. For context, when the group published its H1 2026 results (September 3, 2026), it reported EBITA reduced to 4 million euros due to a collective termination agreement at head office, and the value of its investment portfolio fell to 5,117 million euros, compared to 5,878 million at the end of 2025, notably due to deterioration in its stake in Universal Music Group.
A technical configuration under pressure, far from the three moving averages
The price of Vivendi SE is trading well below its three moving averages: the 20-day MA at €1.51 is nearly 3% above the current price, the 50-day MA at €1.65 is more than 11% above, and the 200-day MA at €2.04 is approximately 28% above. The gap to the moving averages reflects a downtrend established over several months. The RSI at 35 is in an almost oversold zone, consistent with the momentum observed since the start of the quarter, though without reaching the extreme levels seen in September during the share's temporary rebound.
On the resistance side, the next identified level at €1.67 represents a gap of more than 13% relative to the current price, illustrating the extent of ground to be covered to restore technical balance. The analysts' opinion on the share bears watching, with Deutsche Bank having already revised its target downward in mid-September after weeks of selling pressure.
