SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$556.63 +0.64% As of Sep 1, 12:04 AM
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Trade Idea

Strategy
Bull Call
Strikes
$320/325
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

Technical Breakdown: SMH Loses EMA Support at $556.63

Bearish
Sep 1, 2026 at 12:04 AM • $556.63 (+0.64%)

Compagnie Generale des Etablissements Michelin SCA (SMH) gained 0.64% to finish at $556.63 on September 1.

Key indicators suggest a bearish bias:

Momentum RSI at 45.6 is showing no strong directional bias. MACD is bearish (-4.71 vs signal -3.95).
Moving Averages The stock trades below its 9-day EMA ($560.85) with the 21-day ($565.34) acting as overhead resistance.
Volatility Stock has been in a TTM Squeeze for 4 days, indicating compressed volatility and potential for a significant move.
Key levels to watch: Support at $543.83, Resistance at $595.43.

Weak EMA Structure Weighs on SMH at $556.63

Bearish
Aug 31, 2026 at 9:01 PM • $556.63 (+0.64%)

SMH Fails to Reclaim Moving Averages Near $553.11

Bearish
Aug 30, 2026 at 12:18 AM • $553.11 (-3.48%)

Bears Tighten Grip on SMH Below $553.11

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

Sellers Dominate SMH Below Key EMAs at $553.11

Bearish
Aug 28, 2026 at 9:01 PM • $553.11 (-3.48%)
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 -305
Trade Date Sep 25, 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.