Technip Energies shares clear their 200-day moving average and rise 2.5%
The energy engineering group continues its rebound in a well-oriented Paris market. Within a few weeks, the stock has recovered technical levels it had lost, a few days after publishing its accounts.
A session that places the stock above all three moving averages
Shares of Technip Energies gained 2.36% to €33.86, in an SBF 120 index up 0.43%, placing the stock among the index's strongest gainers. The stock now trades 1.17% above its 200-day moving average (€33.47), after having been below it only recently.
The gap is much wider with the 50-day moving average (€30.03), with the price nearly 12.8% above it. This session extends a gain of 9.94% over one week and 19.31% over one month.
The RSI at 66 accompanies this move without reaching overbought territory. The price is approaching resistance at €34.14, about 0.8% from its current level.
Nine-month accounts showing two opposing trajectories
In the accounts published on October 29, order intake reached €14.1 billion, compared with €3.36 billion a year earlier, while the recurring EBITDA margin fell from 8.8% to 6.9%. The group confirmed its 2026 guidance and targets more than €800 million of EBITDA in 2028.
On the analyst side, CIC Market Solutions today confirmed its buy rating with a target price of €39, about 15% above the current share price. The analyst consensus remains the point of comparison.
The €150 million share buyback programme announced in February was executed for €156 million as of July 1, 2026. The next technical benchmark remains resistance at €34.14.
