Chips · Stock report · Air Liquide (Euronext Paris: AI.PA)
Air Liquide — ranks 1st of 86 in our chip section over one month, yet our money-flow reading is flat
The Closelooknet read
Air Liquide (Euronext Paris: AI.PA) is the top performer of the 86 stocks in our chip section over the past month, up 12.5%. Yet our money-flow reading (a gauge of net buying pressure) is only 2 and labelled flat, up 1.3 over five days and 0.8 over 21 days. Our composite score is 50 of 100, with momentum at 78 and growth at 25. We watch whether the flow reading firms up while the stock holds above its previous 52-week high close of €188.54, or whether the price slips back under it.
Where Air Liquide stands among our chip stocks
Air Liquide ranks 1st of 86 by one-month move. Its peers in our gases and chemicals group show a mixed picture. Linde (LIN) gained 7.7% over the month and sits 4.65% below its 2 July high. Qnity Electronics (Q) fell 15.2% over the month and is 37.4% below its 22 June high. Ajinomoto (2802.T, Tokyo) fell 8.4% and is 21.1% below its 1 July high. Air Liquide is the only one of the four at a new 52-week high.
Our money-flow and quality readings
Our money-flow reading stands at 2, labelled flat, so buying pressure is not yet matching the price move. On our scores Air Liquide rates 50 of 100 overall. Momentum is the strongest at 78, followed by quality (56) and balance sheet (56), then cash quality (52). Capital allocation (37), valuation (36) and growth (25) all sit below the composite. The Piotroski score, a check of financial health, is scored 6 of 9.
Price trend
Air Liquide closed at €189.72 on 5 November, up 1.3% on the day and 7.0% over five days, a new 52-week high. The previous high close was €188.54 on 10 April. The stock is up 18.4% this year and trades 10.6% above its 50-day average of €171.49 and 9.5% above its 200-day average of €173.29, the average close of the last 200 sessions. Its typical daily swing is about 1.1%.
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