Getlink Shares Surpass 19 Euros for the First Time in Three Years
The stock of the Channel Tunnel operator soared by 3.5% this Wednesday, crossing the 19 euro mark for the first time in three years. This bullish acceleration is part of an already remarkable trend, with a gain of nearly 10% over the past seven days and more than 22% over three months.
Current Trading Session Sees Getlink SE Shares Exceed Previous Records
Getlink SE shares are trading at 19.22 euros during the session, significantly surpassing the previous record of 18.81 euros set the day before. This peak crossing occurs in a favorable context for transportation infrastructure stocks: during the session, Vinci is up by 2.69% and Ferrovial by 3.47%. The CAC 40, up 2.12% in the session, also provides a supportive environment. The surge in oil prices, following geopolitical tensions in the Middle East, could contribute to enhancing the appeal of rail transport, perceived as less exposed to crude oil price volatility. The publication of the first quarter 2026 results, scheduled for April 23, will be the next catalyst that could confirm or modify this trajectory.
Technical Analysis Highlights Strong Upward Momentum
From a technical perspective, the stock has significantly detached from its moving averages, now standing 10% above its MM50 (17.46 euros) and 18% above its MM200 (16.25 euros). This gap illustrates the strength of the recent bullish movement, but also places the price well beyond the upper Bollinger band, set at 18.31 euros. The RSI, at 68, is approaching the overbought zone conventionally located beyond 70, indicating that buying pressure remains dominant without yet reaching an extreme level. It should be noted that the former resistance at 18.57 euros, corresponding to the previous day's closing price, could now act as a support in case of a decline. With a very low beta of 0.03, Getlink maintains a historically low correlation with major indices, which relativizes the direct influence of the macroeconomic context on its fluctuations.
