Arkema stock breaks its support at €58 and falls 8% in one month
The specialty chemicals company based in Puteaux is declining on Friday morning, posting the steepest drop in the SBF 120 index as the macroeconomic environment tightens with rising ECB rates and surging oil prices. The stock is now trading below all its key moving averages, in a Paris market that is otherwise holding up.
Arkema breaks through its €58.05 support and falls below its three moving averages
Arkema is losing 2.4% to €56.90 during the session, after closing the previous day at €58.30. The stock has broken down through its support level at €58.05 during the session and has failed to recover it, remaining well below this level. This breakthrough is compounding an already degraded dynamic: the stock is trading below the 20-day MA (€59.61, down 4.55%), below the 50-day MA (€58.38, down 2.54%) and below the 200-day MA (€57.28, down 0.66%).
The next identified resistance level is at €62.35, representing an increase of nearly 10% from the current price. The RSI at 44, slightly below the neutral zone, does not yet signal marked selling exhaustion, which leaves downward pressure intact for the time being. Over the week, the stock is down 4.53%, and over one month, the decline reaches 8%.
Weighing macroeconomic context and input cost risks for the chemicals company
The session is taking place in a tense macro environment: the ECB raised its key rate by 25 basis points to 2.50% yesterday, in a context of inflation driven by soaring energy prices. Brent is trading at $104.83 per barrel this morning, down 2.60% on the session but still up nearly 15% since early September. For a chemicals group like Arkema, the persistence of high energy prices directly weighs on input costs, a risk that management explicitly identified when publishing Q1 2026 results (May 6, 2026), which showed an EBITDA decline of 14% with cautious guidance amid geopolitical tensions in the Middle East.
The worst performer on the SBF 120 on Friday, Arkema is declining while the Paris index is up 0.58% during the session. Analysts' opinions and the holding of the €56.90 threshold will be the next benchmarks to watch to assess the stock's momentum.
