Air Liquide Shares Reach New Historic High, Bucking the Trend of the CAC 40
Air Liquide's stock price increased by 0.46% this Friday to 188.72 euros, setting a new all-time high during the session. The stock is moving contrary to the CAC 40, which fell by 1.07% amid geopolitical tensions in the Middle East affecting most European industrial stocks.
New Record High for Air Liquide
This morning, Air Liquide's stock price reached a new absolute record, surpassing the previous peak of 188.88 euros set on April 10th. This breakthrough is part of a remarkable upward trajectory over the past three months, with an increase of nearly 19.73% during this period. This movement follows the announcement of an investment plan of over 350 million dollars in Louisiana, aimed at supporting the American steel industry and strengthening the group's footprint in the southern United States. This project illustrates the targeted deployment strategy of the global leader in industrial gases in high-energy markets. Additionally, the financial calendar is busy: the revenue for the first quarter of 2026 is scheduled to be published on Monday, April 28, followed by the general assembly on May 5. These events could be crucial for the short-term trajectory of the stock.
Technical Perspective
Technically, the stock is significantly above its 50-day (175.64 euros) and 200-day (170.65 euros) moving averages, confirming a well-established upward trend. The significant gap between the current price and these medium and long-term benchmarks highlights the magnitude of the movement in recent weeks. The RSI, an indicator measuring the speed and amplitude of recent price changes, stands at 73, above the 70 threshold typically associated with an overbought zone. This level calls for caution, although a high RSI does not mechanically imply an immediate reversal. Within the Bollinger Bands, the price is at 76% of the range between the lower bound (171.00 euros) and the upper bound (194.22 euros), confirming the stock's high position in its recent fluctuation range. The next resistance threshold at 188.32 euros has just been crossed, while the major support is at 165.56 euros.
