SOITEC Stock Breaks Through €171 Resistance and Climbs 5%

Soitec Breaks Through the €171.35 Resistance and Marks a New Upward Acceleration

Soitec stock has gained 5.04% to €175.00, up from €166.60 the previous day. The stock is among the strongest risers on the SBF 120, while the broader index has risen by 0.37%. During the session, the price broke through its resistance at €171.35 and has maintained above it, reaching highs of €175.30 for the day. This acceleration is part of a rare dynamic: the stock is up +15.21% for the week and maintains a performance of 373.6% over three months. The breaking of technical resistance follows an earlier target upgrade to €200 by Morgan Stanley this week. The price is now 24% above its 20-day moving average (€141.13) and 85% above its 50-day MA (€94.57). The RSI at 67 remains below the overbought threshold despite the scale of the rally, indicating a gradual absorption of buying pressure rather than extreme exuberance.

Short Positions in Decline and Annual Results Expected on May 27

Net short positions declared reach 2.65% of the capital, supported by three funds according to reviewed declarations. The total has decreased by 0.47 points in a month (it was at 3.12% thirty days ago). This decline in bearish bets accompanies the rise in the stock without mechanically justifying it: it simply indicates that some of the participants positioned against the stock have reduced their exposure, without suggesting a massive reversal of sentiment. The next key event is known: Soitec will publish its annual results for 2026 on May 27. The publication will occur in a context of the stock price having nearly quintupled in three months, while the previous business update had reported a 47% growth in revenue during Q2 2026. The breaking through the €171.35 resistance is now the immediate technical reference to follow.