Soitec Surges 6.09% and Breaks Through Its 30 Euro Resistance
Soitec gains 6.09% this Thursday, January 15, 2026, at 29.96 euros. The stock has risen 14.35% over seven days, supported by a bullish MACD and an RSI reaching 85, indicating an overbought zone.
Soitec records a 6.09% increase this Thursday, January 15, 2026, at mid-session, at 29.96 euros, after having closed the previous day at 28.24 euros. This progress allows the stock to clearly break through its short-term resistance at 28.31 euros and to approach its 50-day moving average, set at 28.46 euros. The rebound is part of a marked weekly upward trend, with a gain of 14.35% over seven days, following the announcement on January 8 of Laurent Rémont's appointment as CEO. The share of capital traded this Thursday remains moderate at 0.52%, reflecting a resurgence of buying without speculative frenzy. Technically, the Relative Strength Index reaches 85, signaling an overbought zone that could limit the continuation of the upward movement in the short term. The MACD shows a line at 0.76 against a signal at 0.30, with a positive histogram of 0.46 confirming the trend reversal initiated in recent days. However, the stock is still far from its 200-day moving average at 39.65 euros, indicating a still deteriorated long-term trend.
The announcement of the appointment of Laurent Rémont, 54, currently Senior Vice President at Infineon Technologies, as CEO of Soitec effective April 1, 2026, has sparked renewed interest in the stock. This experienced profile, with fifteen years at STMicroelectronics and expertise in the sectors of mobile communications, automotive, and artificial intelligence, comes at a critical time for the group, as it goes through a difficult period marked by inventory adjustments among its clients and a weak automotive market. This appointment is part of the board's desire to consolidate the company's development and enhance its portfolio of products and technologies, particularly around artificial intelligence. The technical rebound of the stock is also supported by a breakout above the upper Bollinger Band, which is located at 28.43 euros, suggesting an acceleration of the upward movement. However, the negative Chaikin Money Flow at minus 0.14 and the strongly negative On-Balance Volume at minus 515,548 temper the optimism, indicating that selling flows persist in the background. Analysts' recommendations remain cautious, with price targets ranging from 26 to 45 euros according to brokers, reflecting the uncertainties still weighing on the group's outlook in a challenging sector environment.
