Vallourec Shares Hit a Record High Since 2020 at €22.05 Midday
The increase is part of a continuous upward trend over several weeks, pushing the stock to unprecedented levels in six years. During the session this Thursday, the price reached a new high at €22.05, surpassing the previous record set just two days earlier, on March 31. This movement occurs in a market context marked by geopolitical tensions between Washington and Tehran, fueling significant volatility across all industrial and energy stocks.
Morning Performance
This morning, VALLOUREC showed an increase of 1.85% at €21.97, after a previous close at €21.57. Over the past week, the gain reached 4.62%, and over a month, it stands at 11.18%. The medium-term dynamic is even more striking: the stock has risen by 40.03% over the last three months, and by 26.08% over a year. These price levels place the stock well above its reference moving averages: the 50-day moving average is at €19.20 and the 200-day at €16.80, indicating significant gaps that testify to the strength of the bullish movement initiated last autumn. The MACD confirms this dynamic with a positive signal, the main line (0.63) moving clearly above its signal line (0.44).
Technical Signals
Technically, two signals deserve attention. The RSI is at 69, just one point from the conventional overbought threshold set at 70. This proximity indicates that the bullish momentum remains intact, but that the stock is approaching a potential exhaustion zone. Additionally, the price is precisely at the upper Bollinger Band, set at €21.97, confirming the extension of the movement. The resistance identified at €21.75 was breached during the session, transforming this level into potential support. The reference support remains distant, at €18.70. In a market where monthly volatility reaches 8.07% and where the VIX remains in a tension zone at 25.25, this crossing of a historic five-year threshold constitutes a notable technical event. The first quarter 2026 results, expected on May 13, will be the next fundamental catalyst for the stock.
