HOCHTIEF AG – Technical Breakout Confirms Long-Term UptrendCompany Overview
HOCHTIEF AG is a historic German construction and infrastructure company with over a century of engineering heritage. Founded in 1873 and headquartered in Essen, Germany, HOCHTIEF is one of the world’s leading infrastructure groups with four core divisions: HOCHTIEF Americas, HOCHTIEF Asia Pacific, HOCHTIEF Europe, and Abertis Investment.
The company is a 100% subsidiary of the Spanish construction group ACS S.A.
🔹 In North America, HOCHTIEF focuses on large-scale transportation and infrastructure projects across the U.S. and Canada.
🔹 In the Asia-Pacific region, it engages in mining, engineering, infrastructure, and maintenance services, including PPP (public-private partnership) projects.
🔹 The European division specializes in transportation, energy, social, and urban infrastructure, and actively promotes digital construction and intelligent project management.
🔹 The Abertis Investment arm manages toll road assets across France, Spain, North and South America, Chile, and Mexico.
📊 Financial Performance
Between 2023 and 2025, HOCHTIEF showed a steady improvement in profitability. In Q2 2025, the company achieved a remarkable earnings surge — the Earnings per Share (EPS) rose above €4.0, nearly doubling from the 2024 average of €1.5–2.0.
This reflects solid growth in global infrastructure projects, strong PPP performance, improved cost control, and higher project efficiency across all major markets.
📈 Technical Chart Analysis (1D timeframe)
Since early 2024, the stock has maintained a strong upward staircase pattern, breaking out consecutively from consolidation zones A, B, and C.
Each correction phase occurred with declining volume, while breakout phases were accompanied by significant volume increases — clear evidence of institutional accumulation.
➡ In recent price action, the stock consolidated within the C-zone, absorbing short-term profit-taking pressure.
➡ In early October, the price broke above the C-zone with strong momentum and is currently holding above that breakout level — a technical confirmation of trend continuation.
➡ The MACD indicator remains well above the zero line, forming a Golden Cross, suggesting continued bullish momentum.
➡ Short-term EMAs (5, 10, 20) are positively aligned, further strengthening the support structure.
📍 Key Technical Levels
Support: €252
Resistance: €280
Bias: Bullish — Uptrend continuation likely
⚠️ This analysis is for educational and informational purposes only. It does not constitute financial advice or an investment recommendation.
