5 European Stocks With Strong Bullish Momentum

European markets have been outperforming their U.S. counterparts in early 2026 as key stocks enter bullish trends backed by strong technical momentum scores and favourable market conditions. According to recent research, the EU equity benchmark STOXX 600 is up more than 4% year-to-date, highlighting investor interest in European equities despite global economic headwinds and tariff-related uncertainties.

This article takes a closer look at five European stocks that are currently leading with strong bullish momentum — scoring at least 90 on the Benzinga Edge Momentum rating scale — and explores why these companies may attract continued investor attention in the weeks and months ahead.

1. Rio Tinto (Edge Momentum Rating: 90.03)

Rio Tinto is a major British-Australian mining company with diversified operations across iron ore, copper, aluminium, gold and diamonds. Its shares have gained over 35% in the past three months, driven by rising commodities and strong fundamentals. Despite recent short-term volatility, the stock trades at relatively modest valuation multiples — around 12.5 times forward earnings — which may appeal to value-oriented investors.

Additionally, Rio Tinto pays a dividend of approximately 4%, supported by a healthy payout ratio, adding income appeal alongside capital growth potential. With continued demand for key industrial metals, the company’s bullish trend may extend further if global growth remains resilient.

2. ASML Holdings (Edge Momentum Rating: 95.44)

ASML Holdings is one of Europe’s most influential technology companies and a global leader in advanced semiconductor manufacturing equipment. Its extreme ultraviolet (EUV) lithography machines are critical for next-generation chip production and cannot be easily replicated by competitors, giving ASML a powerful competitive position.

The company’s momentum reflects strong demand for semiconductors and continued investment in AI-related silicon fabrication. While its valuation is relatively high — around 43 times forward earnings — investors often accept premium multiples for companies with significant market dominance and robust growth prospects.

3. TechnipFMC (Edge Momentum Rating: 92.88)

TechnipFMC is a global provider of energy infrastructure, including subsea and on-shore/off-shore engineering and construction services. The bullish momentum is supported by technical indicators, including a confirmed uptrend and a positive crossover in the MACD (Moving Average Convergence Divergence), suggesting continued strength in the near term.

Investors are also anticipating the company’s Q4 2025 earnings release, which could further validate recent performance trends. With improving energy demand and infrastructure spending trends, TechnipFMC remains on watch for active traders seeking momentum-driven opportunities.

4. Schmid Group (Edge Momentum Rating: 99.04)

Schmid Group has emerged as one of the top performers on the list with an extremely high momentum score. Although specific operational details were not highlighted in the source, the company’s near-100 momentum rating indicates strong recent price action supported by technical strength.

This level of momentum often attracts short-term traders and investors looking to capitalise on trend continuation, especially in markets with increasing risk appetite. Continued interest in European equities may support further gains in Schmid Group’s share price if market sentiment remains positive.

5. Constellium (Edge Momentum Rating: 95.10)

Constellium, an Amsterdam-based aluminium products manufacturer, rounds out the list with a strong rally driven by both fundamental upgrades and market momentum. The stock was recently upgraded by analysts, boosting investor confidence and contributing to its upward trend.

The company’s shares have shown consistent support around the 50-day moving average, with recent overbought readings normalising, which often precedes further upward movement. With an expected earnings report on the horizon, many traders are positioning for continued positive performance.

What This Means for Investors

The presence of strong bullish momentum among multiple European stocks reflects broader optimism in regional markets during early 2026. Despite some economic challenges and international trade discussions, key companies across diverse sectors — mining, technology, energy services, industrial manufacturing and materials — are demonstrating sustained upward trends.

Technical momentum scores can be useful tools for identifying trends, but they should be considered alongside fundamental research and risk management. As with all investing, past performance is not a guarantee of future results, and investors should perform due diligence before making financial decisions.