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.