Linde (LIN) Surges 3.21% as Technical Indicators and Price Behavior Confirm Uptrend

Linde (LIN) has experienced a 3.21% increase in the most recent session, extending its four-day winning streak with a cumulative gain of 6.90%. This sustained upward momentum suggests a potential continuation of the bullish trend, supported by technical indicators and price behavior over the past year.
Candlestick Theory
The recent price action forms a series of higher highs and higher lows, indicating a strong uptrend. Key support levels are identified at $403.30 (prior swing low) and $394.87 (subsequent support), while resistance is clustered near $416.24 (recent peak). A bullish engulfing pattern emerges from the Dec 12 close, confirming renewed buying pressure. However, caution is warranted if the price fails to hold above $406.75, which could trigger a retest of critical support zones.
Moving Average Theory
Short-term momentum aligns with the 50-day moving average (approximately $425–$430), which remains above the 200-day MA, signaling a bullish bias.

The 100-day MA (~$435–$440) acts as a dynamic support level. While the 200-day MA (~$445–$450) suggests a longer-term consolidation phase, the current price above the 50-day MA reinforces the near-term uptrend. A crossover below the 50-day MA may indicate weakening momentum.
MACD & KDJ Indicators
The MACD histogram shows positive divergence, with the line above the signal line and expanding bars, suggesting strengthening bullish momentum. The KDJ oscillator (stochastic) indicates overbought conditions, with the %K line at ~85 and %D at ~80, but no immediate bearish divergence. This implies the rally may persist unless the K line fails to surpass prior peaks.
Bollinger Bands
Volatility has expanded, with the price near the upper band (~$416.24), indicating aggressive buying. The bands’ width suggests heightened volatility, and a pullback toward the mid-band (~$410) could offer a re-entry opportunity. A break below the lower band ($406.75–$403.30) would signal a potential reversal.
Volume-Price Relationship
Trading volume has surged during the rally, validating the strength of the uptrend. The Dec 12 session’s volume ($1.97B) was 1.5x the 30-day average, reinforcing conviction in the move. However, a decoupling of volume from price (e.g., declining volume during up sessions) may foreshadow a slowdown.
Relative Strength Index (RSI)
The RSI is currently in overbought territory (>70), but the lack of bearish divergence suggests the trend is not exhausted. A drop below 50 would signal weakening momentum, while a sustained close above 60 would reaffirm bullish resolve.
Fibonacci Retracement
Key Fibonacci levels from the Dec 2025 high ($416.24) to the Nov 2025 low ($403.30) include 50% at $409.77 and 61.8% at $406.27. These levels align with recent support zones and could serve as confluence points for potential reversals. A break above $416.24 would target the 38.2% retracement at $411.77, but a failure to hold above $409.77 may trigger a deeper correction.
Confluence and Divergences
Strong alignment exists between the 50-day MA, Bollinger Bands, and RSI overbought readings, reinforcing the bullish case. However, the KDJ’s overbought condition and potential RSI divergence warrant monitoring. A pullback to $409.77–$406.27 could test these confluence points, while divergences in MACD or RSI may signal exhaustion.