SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$504.27 -2.75% As of Nov 5, 12:04 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 Stalls at $504.27 Amid Bearish EMAs

Bearish
Nov 5, 2026 at 12:04 AM • $504.27 (-2.75%)

Compagnie Generale des Etablissements Michelin SCA (SMH) closed down 2.75% at $504.27 on November 5.

The technical setup looks bearish:

Moving Averages Moving averages are stacked bearishly—price below the 9-day at $530.04, resistance at 21-day ($549.05).
Momentum RSI at 34.5 is in neutral territory but trending lower. MACD is bearish (-17.68 vs signal -12.88).
Volatility Bollinger Band width at 21.2% indicates normal volatility.

While EMAs remain bearish, the oversold RSI reading hints at potential support around $493.51.

Key levels to watch: Support at $493.51, Resistance at $610.26.

SMH Slips Below Moving Averages, Testing $504.27

Bearish
Nov 4, 2026 at 9:01 PM • $504.27 (-2.75%)

Sellers Dominate SMH Below Key EMAs at $518.52

Bearish
Nov 3, 2026 at 9:01 PM • $518.52 (+2.01%)

SMH Faces Resistance as EMAs Turn Bearish

Bearish
Nov 2, 2026 at 9:01 PM • $508.31 (-2.72%)

SMH Drops to $522.49 as EMAs Flash Warning

Bearish
Nov 1, 2026 at 1:29 AM • $522.49 (-6.98%)
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 -97
Trade Date Jun 22, 2026

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.