TotalEnergies Shares Rise by 6.41% Over the Week
TotalEnergies achieved a strong weekly performance, with a 6.41% increase, positioning the oil giant among the top performers of the week. The stock closed at 56.80 euros, benefiting from an upward trend that contrasts with the relative stability of the main indices. This acceleration occurs in a context where the market is rediscovering energy stocks, while the CAC 40 and SBF 120 showed much more modest gains during the same period.
Weekly Milestone for TotalEnergies
The week marked a turning point for TotalEnergies. After opening at 55.31 euros, the stock had three consecutive green sessions, peaking at 57.06 euros on Thursday, January 14, before pulling back slightly on Friday. The closing price of 56.80 euros reflects a buying momentum that intensified over the days. Trading volumes ranged between 2.8 and 4.4 million shares, confirming market interest in the stock. In a week where the CAC 40 only advanced by 0.19% and the SBF 120 by 0.13%, the performance gap is telling: TotalEnergies significantly outperformed its main benchmarks. This outperformance also fits into a more nuanced annual perspective, as the stock has gained 1.56% since January 1, 2026, while its twelve-month decline stands at -1.3%. Analyst consensus anticipates a rise to 62.77 euros in three months, representing a potential of 10.51% from current levels.
Technical Outlook Appears Constructive
From a technical standpoint, the outlook appears constructive. The stock is now trading above its 50-day and 200-day moving averages, at 55.71 euros and 53.30 euros respectively, confirming a bullish stance. The Relative Strength Index (RSI) stands at 57, positioning the stock in a neutral zone without clear overbought conditions. The MACD line is progressing at 0.07, indicating a maintained positive momentum. Bollinger Bands frame the movement between 53.80 and 57.51 euros, placing Friday's close in the upper half of this corridor. The technical support is at 53.38 euros, while resistance is established at 57.18 euros, very close to the week's highs. With a monthly volatility of 5.79%, TotalEnergies exhibits relative stability, characteristic of a defensive stock. The limited beta of 0.05 indicates that the stock moves in rhythm with the energy sector rather than following the general market movements, enhancing its appeal for diversified portfolios seeking stability.
