SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$647.10 +4.38% As of Jun 16, 12:33 AM
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Trade Idea

Strategy
Bull Call
Strikes
$633/638
Expiration
Jul 24
Target ROI
100.0%
Trade Reasoning
The current stock price of $633.59 is positioned well within the range of our Bull Call Spread, allowing us to capitalize on a potential upward movement. With no identified technical risk factors, this indicates a favorable environment for a bullish position. The ATM spread structure enhances our risk/reward profile, as the limited risk is offset by the potential for significant returns if the stock rises above the higher strike price of $637.5. 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

SMH Volatility Squeeze Intensifies at $647.10

Neutral
Jun 16, 2026 at 12:33 AM $647.10 (+4.38%)

Compagnie Generale des Etablissements Michelin SCA (SMH) ticked higher by 4.38% to $647.10 on June 16.

From a technical standpoint, the outlook appears bullish:

Moving Averages The stock holds above both the 9-day ($610.41) and 21-day ($591.70) EMAs, confirming the uptrend.
Momentum RSI at 65.6 is neutral but improving. MACD reads 23.26 against its 24.70 signal line (bearish).
Volatility Volatility has been compressing for 5 sessions (TTM Squeeze active), often a precursor to directional moves.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Technical levels: $538.22 support, $652.49 resistance.

TTM Squeeze Alert: SMH Primed for Big Move at $647.10

Neutral
Jun 15, 2026 at 9:00 PM $647.10 (+4.38%)

SMH Rallies to $619.96 on Bullish EMA Alignment

Bullish
Jun 15, 2026 at 12:09 AM $619.96 (+1.73%)

SMH Technical Picture Brightens at $619.96

Bullish
Jun 14, 2026 at 1:47 AM $619.96 (+1.73%)

Technical Strength: SMH Clears Moving Averages at $619.96

Bullish
Jun 13, 2026 at 12:35 AM $619.96 (+1.73%)
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 37
Trade Date Jun 16, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.