SMH

Compagnie Generale des Etablissements Michelin SCA (SMH) fell 0.40% to finish at $560.42 on August 23.

From a technical standpoint, the outlook appears bearish:

While EMAs remain bearish, positive MACD divergence hints at potential support around $518.72.

Support sits at $518.72 with resistance at $607.16.

Compagnie Generale des Etablissements Michelin SCA (SMH) retreated 0.40%, ending the session at $560.42 on August 22.

Chart analysis reveals a bearish configuration:

While EMAs remain bearish, positive MACD divergence hints at potential support around $518.72.

Traders are watching $518.72 on the downside and $607.16 on the upside.

Compagnie Generale des Etablissements Michelin SCA (SMH) slipped 0.40% to $560.42 on August 21.

Key indicators suggest a bearish bias:

While EMAs remain bearish, positive MACD divergence hints at potential support around $518.72.

Watch $518.72 as support and $607.16 as resistance.

Shares of Compagnie Generale des Etablissements Michelin SCA (SMH) rose 0.31% to $562.65 on August 20.

The technical setup looks bearish:

While EMAs remain bearish, positive MACD divergence hints at potential support around $518.77.

Support sits at $518.77 with resistance at $607.19.