SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$463.96 +3.63% As of Nov 9, 12:09 AM
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Trade Idea

Strategy
Bull Call
Strikes
$590/595
Expiration
Oct 30
Target ROI
100.0%
Trade Reasoning
The current stock price of $591.42 is positioned near the lower strike of our Bull Call Spread at $590, making this an optimal entry point as we anticipate a price increase. With no identified technical risk factors, the market sentiment supports a bullish outlook. The ATM spread structure maximizes our risk/reward potential, allowing us to capitalize on upward movement while limiting losses to a small percentage, aligned with our disciplined trade management approach. 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 Stalls at $463.96 Amid Bearish EMAs

Bearish
Nov 9, 2026 at 12:09 AM • $463.96 (+3.63%)

Compagnie Generale des Etablissements Michelin SCA (SMH) closed up 3.63% at $463.96 on November 9.

Chart analysis reveals a bearish configuration:

Momentum RSI at 31.4 is in neutral territory but trending lower. MACD is bearish (-26.34 vs signal -17.25).
Moving Averages Price sits below both the 9-day ($503.65) and 21-day ($532.92) EMAs, suggesting short-term weakness.
Volatility Price has pierced the lower Bollinger Band ($465.62), which often precedes a bounce.

Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $465.62.

Support sits at $465.62 with resistance at $608.26.

SMH Bears Take Control as Stock Slides to $463.96

Bearish
Nov 8, 2026 at 12:10 AM • $463.96 (+3.63%)

SMH Struggles Below Key Moving Averages at $463.96

Bearish
Nov 7, 2026 at 12:29 AM • $463.96 (+3.63%)

SMH Slips Below Moving Averages, Testing $463.96

Bearish
Nov 6, 2026 at 9:01 PM • $463.96 (+3.63%)

Contrarian Alert: SMH Deeply Oversold at $447.73

Bullish
Nov 6, 2026 at 12:23 AM • $447.73 (-11.22%)
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 Sep 24, 2026

Related Trades

SMH $627.5-$632.5 Bull Call
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SMH $600-$605 Bull Call
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SMH $555-$560 Bull Call
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SMH $560-$565 Bull Call
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SMH $595-$600 Bull Call
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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.