SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$611.03 +0.55% As of Jul 11, 12:03 AM
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Trade Idea

Strategy
Bull Call
Strikes
$405/410
Expiration
Mar 13
Target ROI
100.0%
Trade Reasoning
The technical indicators for SMH are strongly bullish, with a positive and rising MACD and short-term EMAs that are both positive and rising, signaling a clear upward momentum. This is an optimal entry point as the current stock price is at $405.77, just above the lower strike of $405, allowing for maximum intrinsic value potential. The ATM bull call spread structure enhances risk/reward, as it limits potential losses while positioning for significant gains if the price rises to the $410 strike. 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 Coiled Spring Ready to Release at $611.03

Neutral
Jul 11, 2026 at 12:03 AM $611.03 (+0.55%)

Compagnie Generale des Etablissements Michelin SCA (SMH) advanced 0.55%, ending the session at $611.03 on July 11.

The technical setup looks mixed:

Momentum RSI at 51.1 is in neutral territory. MACD is bearish (3.55 vs signal 9.52).
Moving Averages Price hovers around the 9-day EMA ($608.49), while the 21-day ($610.10) provides a key reference.
Volatility Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.

Technical levels: $576.79 support, $666.50 resistance.

Low Volatility Setup: SMH Squeezes at $611.03

Neutral
Jul 10, 2026 at 9:00 PM $611.03 (+0.55%)

SMH Coiled Spring Ready to Release at $607.73

Neutral
Jul 9, 2026 at 9:00 PM $607.73 (+2.49%)

SMH Bands Narrow to Multi-Week Lows at $593.00

Neutral
Jul 8, 2026 at 9:00 PM $593.00 (+1.99%)

SMH Volatility Squeeze Intensifies at $581.45

Neutral
Jul 7, 2026 at 9:00 PM $581.45 (-3.79%)
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 -120
Trade Date Feb 10, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.