SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$569.70 -1.05% As of Aug 6, 12:55 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

SMH MACD Line Crosses Signal at $569.70

Bullish
Aug 6, 2026 at 12:55 AM $569.70 (-1.05%)

The stock of Compagnie Generale des Etablissements Michelin SCA (SMH) dropped 1.05% to close at $569.70 on August 6.

Technical indicators paint a bullish picture:

Momentum RSI at 50.0 is neutral but improving. MACD is bullish (-12.11 vs signal -13.43).
Moving Averages Mixed signals with price near the 9-day EMA ($556.17). The 21-day EMA sits at $566.76.
Volatility Stock has been in a TTM Squeeze for 3 days, indicating compressed volatility and potential for a significant move.

Support sits at $513.55 with resistance at $620.92.

SMH MACD Histogram Flips Green at $569.70

Bullish
Aug 5, 2026 at 9:00 PM $569.70 (-1.05%)

Technical Deterioration: SMH MACD Weakens at $575.71

Bearish
Aug 5, 2026 at 12:03 AM $575.71 (+5.55%)

MACD Confirms SMH Downtrend at $575.71

Bearish
Aug 4, 2026 at 9:00 PM $575.71 (+5.55%)

SMH Pressured at $545.46 Under Bearish EMA Stack

Bearish
Aug 3, 2026 at 9:00 PM $545.46 (+0.92%)
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 -6
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.