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 20
Target ROI
100.0%
Trade Reasoning
The technical indicators for SMH are strongly bullish, with the MACD showing positive momentum and rising, alongside positive and rising short-term EMAs. This creates a favorable entry point as the stock is currently at $407.90, just above the lower strike of $405, allowing for a high probability of the price moving towards the upper strike of $410. The ATM bull call spread structure maximizes the risk/reward ratio by limiting risk while targeting a significant upside, perfectly aligning with our strategy of capturing price appreciation in this bullish environment. 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 -22
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.