Technip Energies shares hit a 30-session high and gain 2.5%
The energy engineering group extends its rally in a well-oriented Paris market at midday. The stock has regained its main moving averages and is approaching a key technical level, following the publication of its nine-month accounts at the end of October.
A stock hitting its 30-session high and outperforming its moving averages
The stock gains 2.26% to €35.24 and ranks among the strongest gainers in the SBF 120, in an index advancing 1.04%. It has broken above its 30-session high of €34.46, a level that now acts as support.
The price is therefore above its MM200 (a gap of 5.19%), after having already recovered its MM50 and MM20. This momentum extends a rebound of 20.93% over one month and 5.13% over the week.
The RSI at 72 signals an overbought configuration, which places the next resistance, at €40.32, as the level to watch.
Sharply higher orders and confirmed guidance for 2026
The move is supported by recently published fundamentals. In its nine-month accounts published on October 29, 2026, Technip Energies reported €14.1 billion in order intake, 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 its target of more than €800 million in EBITDA in 2028.
Among the risks cited in this publication is the continuation of the conflict in the Middle East, with its effects on logistics and security costs. On the agenda, the company is taking part in the UBS European Conference tomorrow, then in the BNP Paribas MidCap CEO Conference on November 16.
