--- title: "Pre-market trend | Linde (LIN) 5/13 Industrial gas giant bullish recovery, steady upward movement expected?" type: "News" locale: "en" url: "https://longbridge.com/en/news/286314306.md" description: "Yesterday, Linde, the world's largest industrial gas supplier, triggered a golden cross signal above the zero axis of the daily MACD, with a single-day trading volume of approximately $1.2 billion, indicating stable and quality capital inflow. The emergence of bullish signals suggests that the buying power in the medium to short term is gradually gaining dominance, and the trend is expected to break upward from the previous sideways consolidation. As an absolute leader in the industrial gas industry, Linde's business covers multiple downstream fields such as semiconductor manufacturing, healthcare, and clean energy, exhibiting typical \"stable growth + anti-cyclical\" attributes. In the context of increasing macroeconomic volatility, such deterministic assets are often favored by capital. On the news front, April's PPI data surged 1.4% month-on-month and rose 6% year-on-year, with soaring energy costs being the core driver, leading to a general increase in industrial product prices. For Linde, industrial gas prices typically have strong cost pass-through capabilities, with many pricing mechanisms embedding clauses for adjusting raw material and energy costs. Therefore, in an inflationary environment, the risk of margin erosion is relatively controllable, and it may even benefit from product price increases. Additionally, Boston Federal Reserve President Collins stated that interest rates should remain unchanged for \"some time,\" and the macroeconomic landscape of high interest rates combined with high inflation is expected to persist, which in turn strengthens the market's demand for defensive leaders. Furthermore, the continuous expansion of the semiconductor industry directly drives the demand for electronic-grade specialty gases, with Linde holding a leading market share in this field" datetime: "2026-05-14T13:00:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286314306.md) - [en](https://longbridge.com/en/news/286314306.md) - [zh-HK](https://longbridge.com/zh-HK/news/286314306.md) --- # Pre-market trend | Linde (LIN) 5/13 Industrial gas giant bullish recovery, steady upward movement expected? Yesterday, Linde, the world's largest industrial gas supplier, triggered a golden cross signal above the zero axis of the daily MACD, with a single-day trading volume of approximately $1.2 billion, indicating stable and quality capital inflow. The emergence of bullish signals suggests that the buying power in the medium to short term is gradually gaining dominance, and the trend is expected to break upward from the previous sideways consolidation. As an absolute leader in the industrial gas industry, Linde's business covers multiple downstream fields such as semiconductor manufacturing, healthcare, and clean energy, exhibiting typical "stable growth + anti-cyclical" attributes. In the context of increasing macroeconomic volatility, such deterministic assets are often favored by capital. On the news front, April's PPI data surged 1.4% month-on-month and rose 6% year-on-year, with rising energy costs being the core driver, leading to a general increase in industrial product prices. For Linde, industrial gas prices typically have strong cost pass-through capabilities, with many pricing mechanisms embedded with clauses for adjusting raw material and energy costs. Therefore, in an inflationary environment, the risk of margin erosion is relatively controllable, and it may even benefit from product price increases. Additionally, Boston Federal Reserve President Collins stated that interest rates should remain unchanged for "some time," and the macroeconomic landscape of high interest rates combined with high inflation is expected to persist, which reinforces the market's demand for defensive leaders. Furthermore, the continuous expansion in the semiconductor industry has directly driven the demand for electronic-grade specialty gases, with Linde holding a leading market share in this field. From a technical perspective, the golden cross above the zero axis of the MACD indicates that Linde's medium-term upward trend has not been broken, and the current bullish momentum is re-gathering. A trading volume of $1.2 billion is considered healthy among large-cap blue chips, with a relatively stable volume-price relationship. It is noteworthy that the S&P 500 ETF (SPY) only rose slightly by 0.56% yesterday, and the overall market performance was flat, making Linde's independent strength more reliant on its own fundamentals and capital dynamics. If the next few trading days can maintain moderate volume growth and the stock price steadily rises, the continuation of the bullish trend will be further confirmed. The short-term trend is moderately bullish, with Linde having a relative advantage as a defensive blue chip in an environment of rising inflation and high interest rates. However, if macro panic escalates sharply, leading to a systemic market decline, blue chips may also struggle to fully hedge against risks, and investors need to make comprehensive judgments based on the overall market trend. _This article provides only technical analysis and market information for reference and does not constitute any investment advice. The market carries uncertainties, and investors should make independent decisions based on their own circumstances._ ### Related Stocks - [LIN.US](https://longbridge.com/en/quote/LIN.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [LIN.DE](https://longbridge.com/en/quote/LIN.DE.md) ## Related News & Research - [Linde PLC $LIN Shares Sold by Allworth Financial LP](https://longbridge.com/en/news/286664269.md) - [Noesis Capital Mangement Corp Buys 2,006 Shares of Linde PLC $LIN](https://longbridge.com/en/news/286668521.md) - [Linde Insider Sold Shares Worth $2,642,909, According to a Recent SEC Filing](https://longbridge.com/en/news/286813975.md) - [SA analyst warns that inflation pressures could persist without a Middle East deal](https://longbridge.com/en/news/286814458.md) - [Ameritas Advisory Services LLC Raises Stock Position in Linde PLC $LIN](https://longbridge.com/en/news/286523403.md)