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
$435/440
Expiration
May 22
Target ROI
100.0%
Trade Reasoning
The technical indicators for SMH are strongly bullish, as the MACD is positive and rising, indicating increasing momentum, while the short-term EMAs are both positive and trending upward, confirming the strength of the upward price movement. This is an ideal entry point for a Bull Call Spread at the $435/$440 strikes, allowing us to capitalize on expected price appreciation while limiting risk. The ATM spread structure offers an attractive risk/reward profile, as we can achieve significant returns with minimal exposure to downside risk. 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 -4
Trade Date Apr 13, 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.