SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$607.73 +2.49% As of Jul 10, 1:17 AM
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Trade Idea

Strategy
Bull Call
Strikes
$660/665
Expiration
Jul 31
Target ROI
100.0%
Trade Reasoning
The SMH Bull Call Spread at strikes $660 and $665 is an ideal entry point as the stock is currently at $664.83, just below the higher strike, positioning us for a potential upward movement. With no identified technical risk factors, this setup capitalizes on the current price action while minimizing exposure. The ATM spread structure offers an attractive risk/reward ratio, allowing us to leverage a bullish sentiment with limited downside while targeting a significant return on investment. 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.

Technical Analysis

Explosive Move Brewing? SMH Squeezes at $607.73

Neutral
Jul 10, 2026 at 1:17 AM $607.73 (+2.49%)

Compagnie Generale des Etablissements Michelin SCA (SMH) ticked higher by 2.49% to $607.73 on July 10.

The technical picture is bearish:

Moving Averages Moving averages are stacked bearishly—price below the 9-day at $607.86, resistance at 21-day ($610.01).
Momentum RSI at 50.6 is in neutral territory but trending higher. MACD reads 3.77 against its 11.02 signal line (bearish).
Volatility Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.

Traders are watching $569.76 on the downside and $669.52 on the upside.

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%)

SMH Consolidation Compresses at $604.30

Neutral
Jul 6, 2026 at 9:00 PM $604.30 (+2.03%)
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 20
Trade Date Jun 22, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.