SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$436.88 +1.53% As of Apr 11, 1:42 AM
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Trade Idea

Strategy
Bull Call
Strikes
$405/410
Expiration
Mar 6
Target ROI
100.0%
Trade Reasoning
The current technical indicators for SMH are strongly bullish, with the MACD showing positive momentum and rising short-term EMAs indicating sustained upward momentum. Entering a Bull Call Spread at this price point allows us to leverage the upward trend while minimizing risk, as the ATM structure provides a favorable risk/reward ratio. This strategy capitalizes on the expected price movement while limiting potential losses, aligning perfectly with Maya's 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.
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.
• Short-term EMAs are rising.

Technical Analysis

SMH Maintains Uptrend, Holds Above EMAs at $436.88

Bullish
Apr 11, 2026 at 1:42 AM $436.88 (+1.53%)

Compagnie Generale des Etablissements Michelin SCA (SMH) gained 1.53% to finish at $436.88 on April 11.

Key indicators suggest a bullish bias:

Moving Averages Bullish EMA alignment intact with price above the 9-day at $410.33 and 21-day at $401.07.
Momentum RSI at 67.5 is in neutral territory but trending higher. MACD reads 6.28 against its 0.23 signal line (bullish).
Volatility Price is extended above the upper Bollinger Band ($429.56), suggesting possible mean reversion.

The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.

Key levels to watch: Support at $361.21, Resistance at $429.56.

SMH Bounces Off EMAs, Climbs to $436.88

Bullish
Apr 10, 2026 at 9:00 PM $436.88 (+1.53%)

SMH Technical Picture Brightens at $430.31

Bullish
Apr 9, 2026 at 9:00 PM $430.31 (+1.75%)

Breakout Alert: SMH Squeeze Intensifies at $422.92

Neutral
Apr 9, 2026 at 4:43 AM $422.92 (+5.76%)

Low Volatility Setup: SMH Squeezes at $422.92

Neutral
Apr 8, 2026 at 9:00 PM $422.92 (+5.76%)
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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -36
Trade Date Jan 30, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.