Renault stock declines nearly 2% and tests its MM20 ahead of Q3

A decline of 1.86% that places the stock in contact with its MM20

Renault stock loses 1.86% to €26.43, while the CAC 40 yields 1.42%. The movement places it at the bottom of the index ranking, far from the session's steepest declines, and over the week the stock is nearly stable (-0.15%). The price is in contact with its MM20 (€26.44), but remains 4.41% below the MM50 (€27.65), which outlines a recent rebound that has not yet erased last month's decline.

The RSI at 45 is neutral. On the short seller side, seven funds cumulate 8.65% of capital according to the declarations reviewed, down 0.99 points over thirty days: the bearish bet remains significant but is losing some ground. Brent, at $112.13 per barrel (+3% in trading), is evolving in a market where tension on French debt is also a factor: the 10-year OAT is at 4.99% on October 21.

Solid half-year results and a meeting scheduled for October 29

Upon publication of H1 2026 results on July 30, the group reported revenue growth of 9.5% to €30.3 billion and a return to profitability. It highlighted the acceleration of electrification, with an electrified mix in Europe of 52%, and cited among the risks the crisis in the Middle East, which weighs on raw material, energy and logistics costs. Over one year, the stock has nonetheless declined 25.2%, and is trading at approximately 4.1 times the expected earnings for the current fiscal year according to the consensus of surveyed analysts. Third quarter revenue will be published on October 29.