SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$659.88 +5.76% As of Jun 22, 1:06 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

Energy Building: SMH Consolidates Tightly at $659.88

Neutral
Jun 22, 2026 at 1:06 AM $659.88 (+5.76%)

Shares of Compagnie Generale des Etablissements Michelin SCA (SMH) rose 5.76% to $659.88 on June 22.

The technical setup looks bullish:

Moving Averages The stock holds above both the 9-day ($623.19) and 21-day ($602.39) EMAs, confirming the uptrend.
Momentum RSI at 64.5 is neutral but improving. MACD is bullish (24.32 vs signal 23.89).
Volatility Volatility has been compressing for 8 sessions (TTM Squeeze active), often a precursor to directional moves.

The $557.16-$658.06 range defines near-term boundaries.

Traders Watch SMH Squeeze Closely at $659.88

Neutral
Jun 21, 2026 at 12:01 AM $659.88 (+5.76%)

SMH Range Contracts Sharply Near $659.88

Neutral
Jun 20, 2026 at 2:34 AM $659.88 (+5.76%)

SMH Enters Squeeze Mode at $659.88

Neutral
Jun 19, 2026 at 9:00 PM $659.88 (+5.76%)

SMH Volatility Squeeze Intensifies at $659.88

Neutral
Jun 18, 2026 at 9:00 PM $659.88 (+5.76%)
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 38
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.