SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$632.50 -0.23% As of Oct 6, 9:01 PM
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Trade Idea

Strategy
Bull Call
Strikes
$628/633
Expiration
Nov 13
Target ROI
100.0%
Trade Reasoning
The current stock price of $628.59 positions us just below the $627.50 strike, making this an ideal entry point for a Bull Call Spread. With no identified technical risk factors, the trade capitalizes on the potential for upward movement, leveraging the ATM spread structure to maximize our risk/reward. This approach allows for a defined risk while targeting significant returns, aligning perfectly with Maya’s strategy for high ROI trades. 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

Bulls Push SMH Above Key EMAs to $632.50

Bullish
Oct 6, 2026 at 9:01 PM • $632.50 (-0.23%)

Compagnie Generale des Etablissements Michelin SCA (SMH) fell 0.23% to finish at $632.50 on October 6.

The technical setup looks bullish:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($616.96) supports, 21-day ($598.35) below.
Momentum RSI at 68.9 is neutral but improving. MACD reads 16.85 against its 11.89 signal line (bullish).
Volatility Bollinger Band width at 19.8% indicates normal volatility.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Key levels to watch: Support at $531.92, Resistance at $648.94.

SMH Breaks Out at $633.90 as Moving Averages Align

Bullish
Oct 5, 2026 at 9:01 PM • $633.90 (+0.53%)

EMA Crossover Fuels SMH Move to $630.60

Bullish
Oct 4, 2026 at 12:00 AM • $630.60 (+2.07%)

SMH Clears Resistance, EMAs Confirm at $630.60

Bullish
Oct 3, 2026 at 12:09 AM • $630.60 (+2.07%)

Technical Strength: SMH Clears Moving Averages at $630.60

Bullish
Oct 2, 2026 at 9:01 PM • $630.60 (+2.07%)
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 37
Trade Date Oct 5, 2026

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.