SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$567.01 +2.61% As of Sep 8, 12:22 AM
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Trade Idea

Strategy
Bull Call
Strikes
$575/580
Expiration
Oct 9
Target ROI
100.0%
Trade Reasoning
The current stock price of SMH at $576.62 is positioned right at the money, making this a prime entry point for a Bull Call Spread. Given the absence of technical risk factors, the trade can capitalize on potential upward momentum without significant downside exposure. The ATM spread structure allows for a favorable risk/reward ratio, targeting substantial profit potential while maintaining limited risk, aligning perfectly with Maya's disciplined trading 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

SMH Enters Squeeze Mode at $567.01

Neutral
Sep 8, 2026 at 12:22 AM • $567.01 (+2.61%)

Compagnie Generale des Etablissements Michelin SCA (SMH) closed up 2.61% at $567.01 on September 8.

The technical setup looks bullish:

Moving Averages Mixed signals with price near the 9-day EMA ($557.83). The 21-day EMA sits at $561.96.
Momentum RSI at 49.9 is neutral but improving. MACD reads -4.80 against its -4.89 signal line (bullish).
Volatility Volatility has been compressing for 8 sessions (TTM Squeeze active), often a precursor to directional moves.

Technical levels: $537.06 support, $593.78 resistance.

Low Volatility Setup: SMH Squeezes at $567.01

Neutral
Sep 7, 2026 at 9:01 PM • $567.01 (+2.61%)

SMH Enters Squeeze Mode at $567.01

Neutral
Sep 6, 2026 at 12:01 AM • $567.01 (+2.61%)

SMH Tightening Range Signals Pending Move at $567.01

Neutral
Sep 5, 2026 at 12:55 AM • $567.01 (+2.61%)

SMH Bands Narrow to Multi-Week Lows at $567.01

Neutral
Sep 4, 2026 at 9:01 PM • $567.01 (+2.61%)
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 30
Trade Date Sep 8, 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.