SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$539.79 -3.41% As of Oct 17, 12:04 AM
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Trade Idea

Strategy
Bull Call
Strikes
$323/328
Expiration
Oct 31
Target ROI
100.0%
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.
• Short-term EMAs are rising.

Technical Analysis

SMH Bears Take Control as Stock Slides to $539.79

Bearish
Oct 17, 2026 at 12:04 AM • $539.79 (-3.41%)

Compagnie Generale des Etablissements Michelin SCA (SMH) fell 3.41% to finish at $539.79 on October 17.

Technical indicators paint a bearish picture:

Moving Averages Moving averages are stacked bearishly—price below the 9-day at $579.31, resistance at 21-day ($587.98).
Momentum RSI at 32.5 is in neutral territory but trending lower. MACD is bearish (-3.21 vs signal 6.20).
Volatility Price has pierced the lower Bollinger Band ($553.80), which often precedes a bounce.

While EMAs remain bearish, the oversold RSI reading hints at potential support around $553.80.

Technical levels: $553.80 support, $648.28 resistance.

Weak EMA Structure Weighs on SMH at $539.79

Bearish
Oct 16, 2026 at 9:01 PM • $539.79 (-3.41%)

SMH Stalls at $558.84 Amid Bearish EMAs

Bearish
Oct 15, 2026 at 9:01 PM • $558.84 (-1.05%)

Bearish MACD Cross Pressures SMH at $564.74

Bearish
Oct 14, 2026 at 9:01 PM • $564.74 (-3.98%)

Bearish MACD Cross Pressures SMH at $588.12

Bearish
Oct 13, 2026 at 9:01 PM • $588.12 (-0.49%)
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 -351
Trade Date Sep 22, 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.