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
$570/575
Expiration
Oct 16
Target ROI
100.0%
Trade Reasoning
The current stock price of SMH at $574.63 is just below the $575 strike, presenting an optimal entry point for a Bull Call Spread as it maximizes the chances of the stock moving into profitable territory. With no identified technical risk factors, the setup is favorable for a bullish expectation. The ATM spread structure allows for a defined risk with limited loss potential while offering a strong risk/reward profile, targeting high ROI on a move above the $575 strike. 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 37
Trade Date Sep 8, 2026

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SMH $575-$580 Bull Call
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SMH $595-$600 Bull Call
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SMH $570-$575 Bull Call
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SMH $575-$580 Bull Call
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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.