SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$576.32 +1.49% As of May 26, 12:31 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

Bullish EMA Stack Supports SMH Rally to $576.32

Bullish
May 26, 2026 at 12:31 AM $576.32 (+1.49%)

Compagnie Generale des Etablissements Michelin SCA (SMH) ticked higher by 1.49% to $576.32 on May 26.

Technical indicators paint a bullish picture:

Momentum RSI at 68.8 is in neutral territory but trending higher. MACD reads 28.29 against its 30.45 signal line (bearish).
Moving Averages Bullish EMA alignment intact with price above the 9-day at $560.48 and 21-day at $537.14.
Volatility Bollinger Band width at 21.3% indicates normal volatility.

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

The $484.54-$599.77 range defines near-term boundaries.

Bulls Push SMH Above Key EMAs to $576.32

Bullish
May 25, 2026 at 9:00 PM $576.32 (+1.49%)

SMH Powers to $576.32 on Strong EMA Stack

Bullish
May 24, 2026 at 12:14 AM $576.32 (+1.49%)

SMH Holds Bullish Structure Above $576.32

Bullish
May 23, 2026 at 12:12 AM $576.32 (+1.49%)

EMA Crossover Fuels SMH Move to $576.32

Bullish
May 22, 2026 at 9:00 PM $576.32 (+1.49%)
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 -81
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.