Umicore Shares Climb to €25.12, Marking a +200% Yearly Increase
The stock of the Belgian advanced materials and recycling group continues its forward march on Monday at midday, reaching €25.12, in an otherwise depressed Parisian market. The CAC 40 is down 0.87% at 7,883.7 points, weighed down by the surge in Brent crude above $110 and global bond tensions. The performance gap with the broader index is widening: Umicore now shows nearly 200% increase over the year.
Price Dynamics Extend the Post-Guidance Rally from Early May
Umicore's stock gains 4.32% during the session, reaching €25.12, and is up 15.12% for the week. This movement is a continuation of the rebound that began in early May after the announcement of an adjusted EBITDA guidance close to one billion euros for 2026, unveiled on May 1st and confirmed in the group's communications. The three-month performance is at 37.49%, and the annual performance at 199.8%. Operationally, the group had justified its target with a solid first quarterly performance and a favorable visibility on its end markets. It is worth noting that Lily Liu will take over as CFO on August 1, 2026, succeeding Wannes Peferoen. Additionally, the sector context is marked by the G7's work in Paris on critical raw materials and rare earths, a strategic focus for recycling and battery material players.
The Stock Approaches the Upper Bollinger Band at €26.24 After a Marked Rally
Today's increase brings the stock closer to the technical resistance identified at €25.96, already tested at closing. The stock is positioned at the top of the Bollinger band, at 92% of the range, very close to the upper limit at €26.24. The RSI at 68 indicates buying pressure but has not yet tipped into the characterized overbought zone. The gap to the moving averages widens significantly: the stock is trading 28.95% above the MM20 (€19.48) and 52.06% above the MM200 (€16.52), illustrating the magnitude of the revaluation movement over the last three months. The MACD remains upward-oriented, with a histogram at 0.74. On the agenda, the next financial milestone is the publication of the semi-annual results for 2026, expected on July 31, 2026.
