Apr 9, 2026 at 9:00 PM
•
$430.31
(+1.75%)
The stock of Compagnie Generale des Etablissements Michelin SCA (SMH) climbed 1.75% to close at $430.31 on April 9.
Technical indicators paint a bullish picture:
Momentum
RSI at 65.7 is neutral but improving. MACD is bullish (3.66 vs signal -1.28).
Moving Averages
The stock holds above both the 9-day ($403.70) and 21-day ($397.50) EMAs, confirming the uptrend.
Volatility
Price is extended above the upper Bollinger Band ($421.41), suggesting possible mean reversion.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Traders are watching $364.49 on the downside and $421.41 on the upside.