SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$509.82 +0.62% As of May 4, 1:21 AM
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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

Technical Caution: SMH Overbought Near $509.82

Bearish
May 4, 2026 at 1:21 AM • $509.82 (+0.62%)

Shares of Compagnie Generale des Etablissements Michelin SCA (SMH) rose 0.62% to $509.82 on May 4.

The technical picture is mixed:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($492.57) supports, 21-day ($466.31) below.
Momentum RSI at 77.0 is elevated in overbought zone, which often precedes pullbacks. MACD is bullish (26.81 vs signal 23.23).
Volatility Bollinger Band width at 29.3% indicates normal volatility.

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

Technical levels: $395.13 support, $530.93 resistance.

Sell Signal? SMH RSI Peaks at $509.82

Bearish
May 3, 2026 at 3:56 AM • $509.82 (+0.62%)

Technical Caution: SMH Overbought Near $509.82

Bearish
May 2, 2026 at 1:09 AM • $509.82 (+0.62%)

Sell Signal? SMH RSI Peaks at $509.82

Bearish
May 1, 2026 at 9:00 PM • $509.82 (+0.62%)

RSI Above 70: SMH Getting Frothy at $506.72

Bearish
Apr 30, 2026 at 9:00 PM • $506.72 (+1.43%)
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 -10
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.