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
$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

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%)
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 12
Trade Date Mar 19, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.