SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$622.05 -7.01% As of Jun 23, 9:00 PM
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Trade Idea

Strategy
Bull Call
Strikes
$388/393
Expiration
Apr 24
Target ROI
100.0%
Trade Reasoning
The technical indicators for SMH are highly favorable, with the MACD showing a positive and rising trend, signaling strong bullish momentum. Entering a bull call spread at this point, with a current stock price of $388.30 and strike prices of $387.5/$392.5, allows us to capitalize on anticipated upward movement while limiting risk. The ATM spread structure offers an attractive risk/reward profile, targeting substantial returns while maintaining a disciplined approach to trade management. 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.

Technical Analysis

Breakout Alert: SMH Squeeze Intensifies at $622.05

Neutral
Jun 23, 2026 at 9:00 PM • $622.05 (-7.01%)

Shares of Compagnie Generale des Etablissements Michelin SCA (SMH) declined 7.01% to $622.05 on June 23.

The technical setup looks bearish:

Moving Averages Moving averages are converging near $630.28 (9-day) and $609.68 (21-day), signaling indecision.
Momentum RSI at 54.8 is in neutral territory but trending lower. MACD is bearish (24.34 vs signal 24.41).
Volatility A 10-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.

Technical levels: $563.85 support, $666.05 resistance.

Energy Building: SMH Consolidates Tightly at $668.91

Neutral
Jun 22, 2026 at 9:01 PM • $668.91 (+1.37%)

Traders Watch SMH Squeeze Closely at $659.88

Neutral
Jun 21, 2026 at 12:01 AM • $659.88 (+5.76%)

SMH Range Contracts Sharply Near $659.88

Neutral
Jun 20, 2026 at 2:34 AM • $659.88 (+5.76%)

SMH Enters Squeeze Mode at $659.88

Neutral
Jun 19, 2026 at 9:00 PM • $659.88 (+5.76%)
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 -60
Trade Date Mar 19, 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.