Textbook reverse head and shoulders in Neste

Source: Dukascopy Bank SA
A clear reverse head and shoulders pattern has formed on Neste's chart, which is typically regarded as a strong bullish signal. This classic formation suggests that selling pressure is weakening and buyers are gaining control, potentially paving the way for a significant upward move if the neckline breaks with volume



In 2025, Neste faced a tough start, with Q1 comparable EBITDA down 62% to €210 million and a net loss of €40 million, hurt by weak renewable-fuel margins and high feedstock costs. Despite this, the company kept its 2025 guidance and launched a program aimed at boosting performance by €52 million annually by the end of Q1. Neste also expanded its sustainable aviation fuel capacity to 1.5 million tpa and reported minimal impact from U.S. tariffs, though it continues to struggle with an oversupplied renewable fuels market.
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