Renault shares rebound after four-year low since 2022

A four-year low of 24.38 € before the recovery

Renault touched 24.38 € during the session, breaking through its 2022 low which stood at 24.44 €. The stock was trading at 25.08 € in early afternoon, up 1.62 % from the last close at 24.68 €. This rebound remains modest compared to the decline: -4.64 % over one week and -13.93 % over one month.

The price is evolving below its three moving averages, with the 20-day moving average at 27.61 € sitting 9.16 % above, and it is holding just below the support level at 25.09 €, which today's rally is bringing it to touch. The RSI at 32 reflects the accumulated selling pressure in recent weeks. At the same time, the CAC 40 is down 0.61 %, while Renault is among the index's strongest gainers.

First half return to profitability, energy risks and net short positions declining

When publishing H1 2026 results on July 30, the group reported revenue up 9.5 % at 30.3 billion €, and reiterated that the Middle East crisis is weighing on raw material, energy and logistics costs. It highlighted an electrified mix in Europe of 52.0 %, up 8.2 percentage points. On the market side, declared net short positions reach 7.86 % of capital, distributed among seven funds, but are down 1.89 percentage points in one month, after 9.75 % thirty days earlier.

This level remains elevated: institutional investors remain positioned against the stock, although pressure is easing. The stock is trading at approximately 3.7 times the expected earnings for the current fiscal year, according to the consensus of surveyed analysts. The next reference point for the session remains the support level at 25.09 €, which the price has reached.