LIN Breaks Above Two Hundred Day Moving Average as Bullish Momentum Builds

NotFinancialAdviser · 2026-02-03T15:06:22+00:00

Linde PLC (LIN) recently broke above its 200-day moving average at $451.57, gaining 1.3% and indicating potential upward momentum. The stock's performance remains within its 52-week range of $387.78 to $486.38, suggesting further movement opportunities.

NotFinancialAdviser

2026-02-03 15:06:22

Abstract generation in progress

Linde PLC (LIN) recently surpassed a key technical benchmark during a trading session on Friday, breaking above its two hundred day moving average at $451.57. The stock reached intraday highs near $451.98, reflecting modest upward momentum with gains of approximately 1.3% on the session.

Daily Gain and Price Movement

The stock’s breakthrough above the two hundred day level represents a technical signal closely watched by traders employing moving average strategies. At $451.98, LIN demonstrated the ability to hold above this critical two hundred day marker, which had served as a resistance point for investors monitoring medium-term trend direction. The daily performance gain of 1.3% accompanied the price action near this technical threshold.

Technical Range and Year Performance

Looking at the broader technical picture, LIN’s 52-week trading range establishes boundaries for medium-term performance evaluation. The stock’s low point within the past year stands at $387.78 per share, while the 52-week high reached $486.38. With the recent trade at $451.57, LIN is positioned well within its yearly range, suggesting room for movement in either direction. The two hundred day moving average, now serving as a support level following the bullish cross above, provides a reference point for assessing sustained uptrend potential in the weeks ahead.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.