Nov 2, 2026 at 9:01 PM
•
$508.31
(-2.72%)
Compagnie Generale des Etablissements Michelin SCA (SMH) closed down 2.72% at $508.31 on November 2.
Technical indicators paint a bearish picture:
Moving Averages
Price sits below both the 9-day ($540.97) and 21-day ($557.03) EMAs, suggesting short-term weakness.
Momentum
RSI at 33.8 is neutral but weakening. MACD reads -14.76 against its -10.64 signal line (bearish).
Volatility
Bollinger Band width at 23.9% indicates normal volatility.
While EMAs remain bearish, the oversold RSI reading hints at potential support around $496.17.
Key levels to watch: Support at $496.17, Resistance at $631.07.