TotalEnergies Shares Close Higher Despite Weak RSI
TotalEnergies shares closed on Monday, December 29, 2025, at 55.95 euros, up 0.6% from the previous day. This modest increase is part of an overall positive trend over the past three months, with a gain of 3.12%, although trading volumes remained limited with only 0.05% of capital traded.
Low Trading Volumes and Technical Levels
Trading volumes remained very low, characteristic of this end-of-year period, with only 0.05% of the capital traded on the day. The stock is now trading above its 50-day (55.08 euros) and 200-day (53.42 euros) moving averages, indicating a positive underlying trend. Over the week, the performance remains modest with a gain of 0.23%, but a longer-term view shows an appreciation of 3.12% over three months and 6.05% over a year. However, the stock remains below its technical resistance at 57.18 euros, a level it has not managed to break through in recent attempts. The support level is at 54.50 euros, providing a safety margin of about 2.6% from the current price. BNP Paribas recently raised its price target from 50 to 55 euros on December 8, while maintaining a neutral recommendation, which coincides precisely with the closing level of the day.
Technical Analysis and Upcoming Dividend
Technical analysis reveals an RSI at 34, well below the 50 threshold, indicating a position of relative weakness without yet entering an oversold zone (below 30). This indicator suggests that the stock still lacks buying momentum to initiate a marked upward movement. Additionally, the MACD displays a negative histogram at -0.11, with the MACD line (0.07) below the signal line (0.17), confirming the absence of a strong buy signal in the short term. However, the stock remains contained within the Bollinger Bands, ranging from 54.74 euros to 57.36 euros, indicating controlled volatility. On the calendar, TotalEnergies will detach its second dividend installment on December 31, before publishing its fourth-quarter 2025 results on February 11, 2026. These events could act as catalysts for the stock in the coming weeks. In the absence of any major recent news over the past two days, the day's movement reflects more end-of-year technical adjustments than a reaction to a specific event.