SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$553.11 -3.48% As of Aug 29, 12:22 AM
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Trade Idea

Strategy
Bull Call
Strikes
$295/300
Expiration
Oct 17
Target ROI
100.0%
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.
• Short-term EMAs are rising.

Technical Analysis

Bears Tighten Grip on SMH Below $553.11

Bearish
Aug 29, 2026 at 12:22 AM • $553.11 (-3.48%)

The stock of Compagnie Generale des Etablissements Michelin SCA (SMH) dropped 3.48% to close at $553.11 on August 29.

Technical indicators paint a bearish picture:

Momentum RSI at 45.2 is in neutral territory but trending higher. MACD reads -4.52 against its -3.76 signal line (bearish).
Moving Averages The stock trades below its 9-day EMA ($561.90) with the 21-day ($566.21) acting as overhead resistance.
Volatility Volatility has been compressing for 3 sessions (TTM Squeeze active), often a precursor to directional moves.

Watch $541.74 as support and $596.41 as resistance.

Sellers Dominate SMH Below Key EMAs at $553.11

Bearish
Aug 28, 2026 at 9:01 PM • $553.11 (-3.48%)

Sell Signal: SMH MACD Turns Bearish at $573.00

Bearish
Aug 27, 2026 at 9:01 PM • $573.00 (+3.10%)

SMH Stalls at $555.77 Amid Bearish EMAs

Bearish
Aug 26, 2026 at 9:01 PM • $555.77 (-0.01%)

SMH Fails to Reclaim Moving Averages Near $555.82

Bearish
Aug 25, 2026 at 9:01 PM • $555.82 (+1.65%)
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 -316
Trade Date Sep 10, 2025

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.