SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$522.49 -6.98% As of Oct 31, 12:36 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$625/630
Expiration
Jul 24
Target ROI
100.0%
Trade Reasoning
The current stock price of $627.41 is positioned favorably within the Bull Call Spread at strikes $625 and $630, allowing for a profitable outcome as the price rises toward the upper strike. With no identified risk factors and a lack of bearish signals, this entry point leverages a strong upward potential while minimizing capital risk. The ATM spread structure enhances our reward-to-risk ratio, targeting a robust ROI in alignment with Maya's disciplined strategy. 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

Bears Tighten Grip on SMH Below $522.49

Bearish
Oct 31, 2026 at 12:36 AM • $522.49 (-6.98%)

The stock of Compagnie Generale des Etablissements Michelin SCA (SMH) dropped 6.98% to close at $522.49 on October 31.

Key indicators suggest a bearish bias:

Moving Averages Price sits below both the 9-day ($549.13) and 21-day ($561.90) EMAs, suggesting short-term weakness.
Momentum RSI at 36.7 is in neutral territory but trending lower. MACD is bearish (-12.10 vs signal -9.60).
Volatility Bollinger Band width at 24.2% indicates normal volatility.

Technical levels: $500.85 support, $638.95 resistance.

SMH Bears Take Control as Stock Slides to $522.49

Bearish
Oct 30, 2026 at 9:01 PM • $522.49 (-6.98%)

Technical Momentum Favors SMH Bears at $561.67

Bearish
Oct 29, 2026 at 9:01 PM • $561.67 (-1.06%)

MACD Warns of SMH Weakness at $567.67

Bearish
Oct 28, 2026 at 9:01 PM • $567.67 (+1.74%)

SMH MACD Death Cross Forms at $557.98

Bearish
Oct 27, 2026 at 9:01 PM • $557.98 (+3.03%)
Systematic technical analysis • Updated daily after market close

Get Trade Alerts

Receive disciplined options trade ideas with entries, targets & risk management.

Subscribe Now Try Scanner

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -99
Trade Date Jun 17, 2026

Related Trades

SMH $627.5-$632.5 Bull Call
Oct 5, 2026
SMH $600-$605 Bull Call
Sep 28, 2026
SMH $590-$595 Bull Call
Sep 24, 2026
SMH $555-$560 Bull Call
Sep 10, 2026
SMH $560-$565 Bull Call
Sep 10, 2026

Related Stocks

AAPL
AAPL
Apple Inc
ACN
ACN
Accenture PLC
ADBE
ADBE
Adobe Inc
ADSK
ADSK
Autodesk Inc
APP
APP
Applovin Corp
CDNS
CDNS
Cadence Design Systems Inc
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.