SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$582.70 +1.97% As of Aug 10, 2:02 AM
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Trade Idea

Strategy
Bull Call
Strikes
$660/665
Expiration
Jul 31
Target ROI
100.0%
Trade Reasoning
The SMH Bull Call Spread at strikes $660 and $665 is an ideal entry point as the stock is currently at $664.83, just below the higher strike, positioning us for a potential upward movement. With no identified technical risk factors, this setup capitalizes on the current price action while minimizing exposure. The ATM spread structure offers an attractive risk/reward ratio, allowing us to leverage a bullish sentiment with limited downside while targeting a significant return on investment. 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

SMH Enters Squeeze Mode at $582.70

Neutral
Aug 10, 2026 at 2:02 AM $582.70 (+1.97%)

Compagnie Generale des Etablissements Michelin SCA (SMH) closed up 1.97% at $582.70 on August 10.

Technical indicators paint a bullish picture:

Momentum RSI at 52.8 is neutral but improving. MACD is bullish (-7.61 vs signal -11.74).
Moving Averages Moving averages are converging near $563.93 (9-day) and $568.60 (21-day), signaling indecision.
Volatility Volatility has been compressing for 5 sessions (TTM Squeeze active), often a precursor to directional moves.

Watch $517.31 as support and $610.70 as resistance.

Traders Watch SMH Squeeze Closely at $582.70

Neutral
Aug 9, 2026 at 2:25 AM $582.70 (+1.97%)

Calm Before Storm? SMH Squeezes at $582.70

Neutral
Aug 8, 2026 at 1:07 AM $582.70 (+1.97%)

Explosive Move Brewing? SMH Squeezes at $582.70

Neutral
Aug 7, 2026 at 9:00 PM $582.70 (+1.97%)

SMH Technical Momentum Improves at $571.48

Bullish
Aug 7, 2026 at 12:34 AM $571.48 (+0.32%)
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 -10
Trade Date Jun 22, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.