SMH Volatility Squeeze Intensifies at $647.10
Neutral
Jun 16, 2026 at 12:33 AM
•
$647.10
(+4.38%)
Compagnie Generale des Etablissements Michelin SCA (SMH) ticked higher by 4.38% to $647.10 on June 16.
From a technical standpoint, the outlook appears bullish:
Moving Averages
The stock holds above both the 9-day ($610.41) and 21-day ($591.70) EMAs, confirming the uptrend.
Momentum
RSI at 65.6 is neutral but improving. MACD reads 23.26 against its 24.70 signal line (bearish).
Volatility
Volatility has been compressing for 5 sessions (TTM Squeeze active), often a precursor to directional moves.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Technical levels: $538.22 support, $652.49 resistance.