Solvay share rebounds by nearly 2%, but remains under pressure (-4% in one month)
The Belgian chemical company returns to green on Friday, in a favorable session on the SBF 120 which advances by 0.83%. The recovery remains fragile given the trend of recent weeks, and the technical configuration of the security remains deteriorated.
A rebound of 1.81% that still stumbles below the MA20 and MA50
Solvay gains 1.81% to €24.70 during the session, following a close at €24.26 the previous day. This movement remains contained: the security trades below its 20-day moving average (€25.45, representing a gap of -2.95%) and below its MA50 (€25.88, -4.56%). The MA200 at €26.48 is moving even further away, with the price trading at -6.72% below this average.
Today's rebound is therefore insufficient to overturn the downward momentum established over several weeks, as performances remain negative over one month (-4.12%) and three months (-6.01%). The RSI at 31, close to the oversold threshold of 30, reflects recent selling exhaustion without signaling a reversal: it indicates that downward pressure is losing intensity, but the security remains structurally below its benchmarks.
The rare earth file and discussions with OneIM, strategic backdrop
Beyond today's session, discussions with OneIM regarding rare earth activities, confirmed on September 8, 2026, continue to structure the strategic analysis of the file. These exchanges concern potential strategic partnership on Solvay's rare earth activities. Their outcome could reshape the group's scope, although the market has not yet attributed a clear impact on the price.
In terms of resistance and support levels, the security's first obstacle is the €25.45 zone (MA20); immediate support remains at €24.26, the previous day's closing level. On the index, Solvay advances 1.81% in a market where the strongest gains exceed 4%.
