TotalEnergies Shares Up 48% Year-on-Year, Entering Consolidation Phase
The share price of French oil giant TotalEnergies is trading at 76.92 euros this Thursday, up 1.18% from the previous day's close. This increase is part of a significant outperformance over three months, with the first quarter results expected to be published on April 29.
Current Trading Session
TotalEnergies shares are trading at 76.92 euros in mid-afternoon, marking a gain of 1.18% for the session. The stock has shown remarkable performance of 34.38% over the last three months and 48.29% over the past year, illustrating a particularly strong stock market trajectory. This progress occurs as the CAC 40 moves up by 0.74% in the session, at 8217 points, in a mixed environment: the DAX is down by 0.23% and the S&P 500 is down by 0.13%. The oil sector is generally positive, with Shell up by 0.62% and Engie up by 0.46%. Across the Atlantic, American counterparts are following the same trend: ExxonMobil is up by 0.77% and ConocoPhillips by 1.95%. The publication of the first quarter accounts of 2026, scheduled for April 29, is the next major catalyst for the stock. The general meeting is scheduled for May 29, followed by the detachment of the balance of the dividend on June 30.
Technical Analysis
Technically, TotalEnergies' share price is significantly above its 50-day moving average (72.25 euros) and 200-day moving average (58.84 euros), confirming the strength of the medium and long-term upward trend. The gap of more than 18 euros between the current price and the 200-day moving average reflects the magnitude of the upward movement initiated in recent months. However, the RSI is at 52, in a neutral zone, suggesting that the stock is neither overbought nor oversold in the short term. The price is also trading in the lower half of the Bollinger Bands, at 41% of the range between the lower bound at 73.51 euros and the upper bound at 81.76 euros, without particular pressure on the extremes. The most relevant resistance threshold is at 81.02 euros, a level the stock will need to surpass to extend its upward trajectory. Monthly volatility remains contained at 6.21, while the beta, particularly low at 0.05, indicates an unusual decorrelation from the market in the recent period. This technical configuration reflects a consolidation phase after the pronounced rally of recent weeks, awaiting a new directional signal.
