SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$587.82 -0.23% As of Aug 17, 12:36 AM
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Trade Idea

Strategy
Bull Call
Strikes
$595/600
Expiration
Sep 25
Target ROI
100.0%

Technical Analysis

SMH Breaks Out at $587.82 as Moving Averages Align

Bullish
Aug 17, 2026 at 12:36 AM $587.82 (-0.23%)

Compagnie Generale des Etablissements Michelin SCA (SMH) closed down 0.23% at $587.82 on August 17.

Chart analysis reveals a bullish configuration:

Momentum RSI at 53.8 is neutral but improving. MACD reads -0.24 against its -5.70 signal line (bullish).
Moving Averages Bullish EMA alignment intact with price above the 9-day at $576.78 and 21-day at $573.61.
Volatility Bollinger Band width at 15.9% indicates normal volatility.

Technical levels: $519.25 support, $608.96 resistance.

Moving Averages Propel SMH to $587.82

Bullish
Aug 16, 2026 at 12:11 AM $587.82 (-0.23%)

SMH Breaks Out at $587.82 as Moving Averages Align

Bullish
Aug 15, 2026 at 12:24 AM $587.82 (-0.23%)

Moving Averages Propel SMH to $587.82

Bullish
Aug 14, 2026 at 9:00 PM $587.82 (-0.23%)

SMH Rallies to $589.12 on Bullish EMA Alignment

Bullish
Aug 13, 2026 at 9:00 PM $589.12 (+0.74%)
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 38
Trade Date Aug 17, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.