Soitec Stock Rises +5.58% and Approaches Record High of €161.90
The stock of the semiconductor substrate specialist advances this Thursday, May 7, 2026, at midday. Soitec gains 5.58% to €155.05, marking the second largest increase in the SBF 120 after Nanobiotix (+5.94%). However, the broader index drops by 0.14% during the session, and the CAC 40 declines by 0.1% to 8,291.02 points. The stock is nearing its historical peak of €161.90, recorded during Wednesday's session.
A Rebound After Yesterday's Consolidation
Today's movement largely erases the decline from Wednesday, when the stock had reached €161.90 before falling back below €152. Today's session places the price at €155.05, approximately 4% below this historical peak. Over seven sessions, the performance stands at +37.09%. Over three months, the stock has quadrupled. The rise occurs amidst a hesitant Parisian market. The DAX is up by 0.28%, while the FTSE 100 drops by 0.44%. Wall Street had closed significantly higher the previous day, with the Nasdaq up by 2.02% and the Dow Jones by 1.24%, amid a diplomatic easing between Washington and Tehran that led to a decline in Brent prices.
RSI at 75, Bollinger Bands Cling to the Price
The stock is priced at €155.05, very close to the upper limit of the Bollinger Bands set at €161.80. The price is at the top of the band, a configuration consistent with a prolonged rally. The resistance at €157.90 remains within reach and has not yet been surpassed at closing. An RSI at 75 indicates an overbought zone. The indicator had already tightened in previous sessions without interrupting the momentum, but it limits the short-term progression margin. The gap to the moving averages is considerable: the MM50 is at €69.75 and the MM200 at €42.77. This discrepancy reflects the extent of the bullish sequence, without constituting an operational signal. The financial calendar points to the publication of the 2026 annual results, expected on May 27, 2026. This is the next concrete milestone for the stock.