Vusion shares rebound and move back above key moving averages
The upward momentum from the week is confirmed for Vusion, the Nanterre-based specialist in connected electronic shelf labels, with its stock advancing on Friday in line with a well-oriented SBF 120. The day's movement is part of a solid weekly rebound, although the accumulated downward pressure over one year remains the underlying theme of the stock's market configuration.
A rebound of nearly 2% that confirms the return above the two first moving averages
The Vusion share gains 1.88% to €130.40 during the session, with the SBF 120 up 0.91%. The stock thus recovers ground after the strong volatility recorded in early August: the marked decline on August 4 had brought the price below its 20 and 50-day moving averages, before the rebound on August 5 allowed a return above these levels. Today's session extends this recovery: Vusion is now trading 0.58% above its 20-day MA at €129.65 and 1.80% above its 50-day MA at €128.09, offering it a slight technical cushion in the short term.
The next resistance to overcome is at €135.60, approximately 4% above the current price, while support stands at €115.90. The RSI at 49 remains neutral, with no clear directional signal. Over the week, the stock shows a gain of 3.49%, which partially offsets the annual decline of nearly 40%.
A high level of short sellers despite an easing of 0.63 percentage points in one month
According to filed declarations, six funds accumulate 4.20% of Vusion's capital sold short, a level that remains significant even after a reduction of 0.63 percentage points over thirty days (compared to 4.83% a month ago). This decline indicates that some participants have reduced their bearish exposure, without signaling an outright capitulation of shorts. Such a level of net short positions reflects persistent institutional reservations regarding the stock: funds remain positioned against the value, whether to bet on a decline or hedge an existing position.
The 200-day MA at €141.28, above the current price by 7.70%, gives a measure of the distance still to be covered to restore an underlying bullish trend. The VIX at 14.47, down on the day, reflects a generally serene market context, a context in which this level of short interest warrants monitoring without being over-interpreted.
