Air Liquide Shares Drop 7.21% in a Week, Weighed Down by Middle East Crisis

Middle East Crisis Disrupts Global Gas Flows

The crisis in the Middle East disrupts about 20% of global gas flows, particularly those from Qatar. For a company like Air Liquide, which relies on the production and distribution of industrial and medical gases, any major disruption in energy supply chains represents a potentially significant cost factor. Over a year, the stock has fallen by 7.94%, although its three-month performance remains positive at 2.15%, reflecting a volatile stock market journey. Two upcoming events will structure the group's visibility: the publication of the first quarter 2026 revenue on April 28, and the annual general meeting scheduled for May 5.

Technical Analysis of Air Liquide's Stock

Technically, Air Liquide's stock price is now below its 20-day (171.99 euros) and 200-day (171.10 euros) moving averages, a signal that reflects a fundamental bearish dynamic. However, the 50-day moving average, located at 164.02 euros, continues to act as a near technical floor: the current price of 166.56 euros is only 1.5% away, which constitutes a short-term support zone. The RSI, an indicator measuring the speed of price changes, stands at 52, a neutral zone that signals neither overbuying nor overselling. The next support threshold is identified at 156.90 euros; a downward breach of this level could amplify the correction. Conversely, resistance is positioned at 179.50 euros, a level that would mark a significant bullish reversal if the stock could approach it in the coming weeks.