TotalEnergies Shares Bounce Back by 2.21% at the Close of January 13

TotalEnergies shares continued their rebound on Tuesday, January 13, with a gain of 2.21% at the close, marking a third consecutive session of increase. The price settled at 56.53 euros compared to 55.31 euros the day before, bringing the weekly performance to 1.33% and the quarterly performance to 13.06%. Trading volumes remained moderate with only 0.19% of the capital traded during the day, reflecting usual caution at the beginning of the year. The stock benefits from renewed interest after having reached a low of 53.38 euros last week, and is gradually regaining encouraging technical levels. The RSI at 49 confirms a balance zone, without excess in buying or selling, leaving room for a continuation of the recovery. The price is now above its 50-day moving average established at 55.47 euros and its 200-day moving average set at 53.22 euros, validating a medium-term bullish trend. The stock is approaching the psychological resistance threshold of 57.18 euros, while the support is at 53.38 euros. The Bollinger bands frame the price between 53.84 euros on the lower bound and 56.90 euros on the upper bound, with the stock now moving in the upper part of this channel.

The recent context for TotalEnergies remains marked by analysts' target revisions at the beginning of January. UBS adjusted its price target to 61 euros from 62 euros previously, while maintaining its buy recommendation on January 8, whereas Jefferies displays a more ambitious target of 66 euros also with a buy recommendation on the same date. Conversely, JP Morgan downgraded its advice to neutral at the beginning of December, lowering its target from 58.50 to 55 euros, reflecting caution due to the volatility of the energy sector. Despite these divergent views, the stock retains an appeal for yield investors, with an annual dividend of 3.22 euros per share offering a gross yield of nearly 6%. Fundamentally, the group benefits from a busy schedule with the publication of the fourth quarter 2025 results scheduled for February 11, which should provide details on the operational trajectory. The next dividend detachment, the third installment of 0.85 euro per share, is scheduled for March 31, 2026. The current momentum could continue if the stock manages to consistently exceed the threshold of 57.18 euros, potentially paving the way towards levels above 60 euros as anticipated by several analysts.