Nov 7, 2026 at 12:29 AM
•
$463.96
(+3.63%)
Compagnie Generale des Etablissements Michelin SCA (SMH) closed up 3.63% at $463.96 on November 7.
Technical indicators paint a bearish picture:
Moving Averages
Price sits below both the 9-day ($503.65) and 21-day ($532.93) EMAs, suggesting short-term weakness.
Momentum
RSI at 31.4 is in neutral territory but trending lower. MACD is bearish (-26.34 vs signal -17.26).
Volatility
Price has pierced the lower Bollinger Band ($465.62), which often precedes a bounce.
Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $465.62.
Watch $465.62 as support and $608.26 as resistance.