SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$569.70 -1.05% As of Aug 6, 12:55 AM
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Trade Idea

Strategy
Bull Call
Strikes
$575/580
Expiration
Sep 11
Target ROI
100.0%

Technical Analysis

SMH MACD Line Crosses Signal at $569.70

Bullish
Aug 6, 2026 at 12:55 AM $569.70 (-1.05%)

The stock of Compagnie Generale des Etablissements Michelin SCA (SMH) dropped 1.05% to close at $569.70 on August 6.

Technical indicators paint a bullish picture:

Momentum RSI at 50.0 is neutral but improving. MACD is bullish (-12.11 vs signal -13.43).
Moving Averages Mixed signals with price near the 9-day EMA ($556.17). The 21-day EMA sits at $566.76.
Volatility Stock has been in a TTM Squeeze for 3 days, indicating compressed volatility and potential for a significant move.

Support sits at $513.55 with resistance at $620.92.

SMH MACD Histogram Flips Green at $569.70

Bullish
Aug 5, 2026 at 9:00 PM $569.70 (-1.05%)

Technical Deterioration: SMH MACD Weakens at $575.71

Bearish
Aug 5, 2026 at 12:03 AM $575.71 (+5.55%)

MACD Confirms SMH Downtrend at $575.71

Bearish
Aug 4, 2026 at 9:00 PM $575.71 (+5.55%)

SMH Pressured at $545.46 Under Bearish EMA Stack

Bearish
Aug 3, 2026 at 9:00 PM $545.46 (+0.92%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp 35
Trade Date Aug 6, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.