SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$553.11 -3.48% As of Aug 30, 12:18 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$363/368
Expiration
Jan 30
Target ROI
100.0%
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.

Technical Analysis

SMH Fails to Reclaim Moving Averages Near $553.11

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

Shares of Compagnie Generale des Etablissements Michelin SCA (SMH) declined 3.48% to $553.11 on August 30.

From a technical standpoint, the outlook appears bearish:

Momentum RSI at 45.0 is neutral but improving. MACD reads -4.52 against its -3.76 signal line (bearish).
Moving Averages Bearish EMA structure persists with price below the 9-day ($561.90) and 21-day ($566.21).
Volatility Stock has been in a TTM Squeeze for 3 days, indicating compressed volatility and potential for a significant move.

Technical levels: $541.74 support, $596.41 resistance.

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%)

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%)
Systematic technical analysis • Updated daily after market close
Exclusive Offer

Get Trade Alerts

Receive disciplined options trade ideas with entries, targets & risk management.

Use code:
HEADSTART50
50% off your first month
Claim Offer Try Scanner

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -212
Trade Date Dec 24, 2025

Related Trades

SMH $595-$600 Bull Call
Aug 17, 2026
SMH $570-$575 Bull Call
Aug 11, 2026
SMH $570-$575 Bull Call
Aug 10, 2026
SMH $575-$580 Bull Call
Aug 6, 2026
SMH $660-$665 Bull Call
Jun 22, 2026

Related Stocks

AAPL
AAPL
Apple Inc
ACN
ACN
Accenture PLC
ADBE
ADBE
Adobe Inc
ADSK
ADSK
Autodesk Inc
APP
APP
Applovin Corp
CDNS
CDNS
Cadence Design Systems Inc
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.