Renault shares fall 9% over one month, among the worst performers in the CAC 40
The diamond-branded automaker continues its decline on Thursday, as the stock clearly drops below all its key moving averages and accumulates nearly 8% losses over the week. The session unfolds in a context of a declining Paris market, with the CAC 40 also losing ground.
A decline that extends the weekly slide, well below key moving averages
Renault falls 2.18% to €26.02 during the session, in a CAC 40 declining 0.89%. The stock accumulates a decline of nearly 8% over the week and 9.1% over the month, marking one of the most unfavorable trajectories among CAC 40 stocks. The automaker now finds itself approximately 9% below its 20-day moving average (€28.58) and 7.2% below its 50-day moving average (€28.04), two benchmarks that exert notable technical pressure on the stock.
The 200-day moving average at €29.76 remains even more distant, with a gap of 12.6%. The RSI at 39 reflects an increasingly bearish configuration without yet reaching the clear oversold zone, which leaves room for additional decline before any signal of selling exhaustion. The support level at €26.60, breached downward in the previous session, has turned into immediate resistance, while the next significant resistance level stands at €29.72.
High bearish positions and a fundamental context under scrutiny for 2026
Analyst opinions focus on an atypically low valuation: according to the consensus of tracked analysts, the stock trades at approximately 4 times expected earnings for the current fiscal year, a very low multiple that reflects uncertainty weighing on the automotive sector. Seven funds hold 7.20% of the capital sold short, according to reviewed disclosures, up 0.36 percentage points over thirty days (compared to 6.84% a month ago). This level represents a signal of persistent institutional bearish pressure, although its rate of increase remains moderate. These positions reflect overall caution on the stock, without it being possible to infer the precise motivations of each participant.
On the fundamental side, when publishing H1 2026 results on July 30, 2026, Renault highlighted an acceleration in electrification (electrified mix in Europe at 52%, +8.2 points) and sustained growth in international markets, while identifying among its risks the impact of the Middle East crisis on commodity and logistics costs. Meanwhile, Brent crude stands at $105.89 per barrel during the session, up 2.73%, in a context of persistent energy tensions. The immediate resistance at €29.72 remains the technical horizon to monitor to assess any recovery attempt.
