Bouygues Shares: New 18-Year Record Broken, Stock Surpasses 50 Euros
On Thursday, Bouygues' stock reached a new 18-year high, driven by a bullish momentum that has been building for several months. The stock is currently trading around 50.66 euros, up 0.44% from the previous day. The announcement of the 2025 annual results, scheduled for February 26, is the next major event for the group.
Historic High Surpassed
This Thursday, Bouygues' stock price exceeded its previous record set in May 2008, which was 50.76 euros just the day before. The stock now shows an increase of 22.6% over three months and 56.55% over a year, indicating a sustained upward trajectory. This performance comes a week before the conglomerate's 2025 annual accounts are due to be published on February 26. The general assembly is scheduled for April 23, followed by the first quarter 2026 results on May 7. These dates mark a busy calendar for the group, which is diversified in construction, telecoms, and media.
Technical Perspective
Technically, Bouygues' stock is significantly above its 50-day moving average, which stands at 45.63 euros, representing a gap of over 10%. This distance reflects the magnitude of the recent bullish movement. The RSI, an indicator that measures the speed and intensity of price changes, is at 83, well above the 70 threshold generally considered as an overbought zone. This level indicates that the stock has experienced a rapid appreciation over a short period. The current price is also approaching the upper Bollinger band, set at 51.31 euros, while the old resistance at 50.44 euros, which was the previous record, has been surpassed. This threshold could now act as a support in case of a decline.
