SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$616.00 -4.81% As of Jun 17, 12:07 AM
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Trade Idea

Strategy
Bull Call
Strikes
$625/630
Expiration
Jul 24
Target ROI
100.0%
Trade Reasoning
The current stock price of $627.41 is positioned favorably within the Bull Call Spread at strikes $625 and $630, allowing for a profitable outcome as the price rises toward the upper strike. With no identified risk factors and a lack of bearish signals, this entry point leverages a strong upward potential while minimizing capital risk. The ATM spread structure enhances our reward-to-risk ratio, targeting a robust ROI in alignment with Maya's disciplined strategy. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

Traders Watch SMH Squeeze Closely at $616.00

Neutral
Jun 17, 2026 at 12:07 AM $616.00 (-4.81%)

The stock of Compagnie Generale des Etablissements Michelin SCA (SMH) dropped 4.81% to close at $616.00 on June 17.

Technical indicators paint a bullish picture:

Moving Averages Bullish EMA alignment intact with price above the 9-day at $611.53 and 21-day at $593.91.
Momentum RSI at 57.5 is neutral but improving. MACD reads 22.33 against its 24.23 signal line (bearish).
Volatility Stock has been in a TTM Squeeze for 6 days, indicating compressed volatility and potential for a significant move.

The bullish trend is intact, but fading MACD momentum suggest waiting for a pullback.

Watch $545.77 as support and $651.92 as resistance.

Energy Building: SMH Consolidates Tightly at $616.00

Neutral
Jun 16, 2026 at 9:00 PM $616.00 (-4.81%)

TTM Squeeze Alert: SMH Primed for Big Move at $647.10

Neutral
Jun 15, 2026 at 9:00 PM $647.10 (+4.38%)

SMH Rallies to $619.96 on Bullish EMA Alignment

Bullish
Jun 15, 2026 at 12:09 AM $619.96 (+1.73%)

SMH Technical Picture Brightens at $619.96

Bullish
Jun 14, 2026 at 1:47 AM $619.96 (+1.73%)
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 36
Trade Date Jun 17, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.