SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$527.20 +0.74% As of Oct 25, 12:12 AM
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Trade Idea

Strategy
Bull Call
Strikes
$560/565
Expiration
Oct 16
Target ROI
100.0%
Trade Reasoning
The current stock price of $564.42 is just below the lower strike of $560, positioning the Bull Call Spread to capitalize on an anticipated upward movement towards $565. The absence of technical risk factors indicates a favorable environment for this trade, as there are no significant barriers to price appreciation. The ATM spread structure enhances the risk/reward profile, allowing for a defined risk while targeting significant ROI, making it an optimal entry point for bullish sentiment in SMH. 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 Struggles Below Key Moving Averages at $527.20

Bearish
Oct 25, 2026 at 12:12 AM • $527.20 (+0.74%)

Compagnie Generale des Etablissements Michelin SCA (SMH) closed up 0.74% at $527.20 on October 25.

From a technical standpoint, the outlook appears bearish:

Moving Averages Bearish EMA structure persists with price below the 9-day ($551.14) and 21-day ($569.47).
Momentum RSI at 33.2 is neutral but weakening. MACD reads -13.96 against its -5.08 signal line (bearish).
Volatility Bollinger Band width at 24.4% indicates normal volatility.

Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $514.18.

Traders are watching $514.18 on the downside and $656.91 on the upside.

Technical Breakdown: SMH Loses EMA Support at $527.20

Bearish
Oct 24, 2026 at 12:02 AM • $527.20 (+0.74%)

Weak EMA Structure Weighs on SMH at $527.20

Bearish
Oct 23, 2026 at 9:01 PM • $527.20 (+0.74%)

SMH Pressured at $523.35 Under Bearish EMA Stack

Bearish
Oct 22, 2026 at 9:01 PM • $523.35 (-6.00%)

Technical Damage Mounts for SMH at $556.70

Bearish
Oct 21, 2026 at 9:01 PM • $556.70 (+1.90%)
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 -9
Trade Date Sep 10, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.