SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$527.20 +0.74% As of Oct 25, 12:12 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$555/560
Expiration
Oct 9
Target ROI
100.0%
Trade Reasoning
The current stock price of $557.42 is positioned just above the lower strike of our Bull Call Spread at $555, indicating a favorable entry point as the stock is already in the money. With no identified technical risk factors, the trade captures potential upside as we anticipate further movement above the $560 strike, maximizing profit potential. The ATM spread structure limits our risk while allowing for attractive returns, aligning perfectly with Maya's disciplined trade management 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 Struggles Below Key Moving Averages at $527.20

Bearish
Oct 25, 2026 at 12:12 AM • $527.20 (+0.74%)

Compagnie Generale des Etablissements Michelin SCA (SMH) closed up 0.74% at $527.20 on October 25.

From a technical standpoint, the outlook appears bearish:

Moving Averages Bearish EMA structure persists with price below the 9-day ($551.14) and 21-day ($569.47).
Momentum RSI at 33.2 is neutral but weakening. MACD reads -13.96 against its -5.08 signal line (bearish).
Volatility Bollinger Band width at 24.4% indicates normal volatility.

Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $514.18.

Traders are watching $514.18 on the downside and $656.91 on the upside.

Technical Breakdown: SMH Loses EMA Support at $527.20

Bearish
Oct 24, 2026 at 12:02 AM • $527.20 (+0.74%)

Weak EMA Structure Weighs on SMH at $527.20

Bearish
Oct 23, 2026 at 9:01 PM • $527.20 (+0.74%)

SMH Pressured at $523.35 Under Bearish EMA Stack

Bearish
Oct 22, 2026 at 9:01 PM • $523.35 (-6.00%)

Technical Damage Mounts for SMH at $556.70

Bearish
Oct 21, 2026 at 9:01 PM • $556.70 (+1.90%)
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 -16
Trade Date Sep 10, 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 $560-$565 Bull Call
Sep 10, 2026
SMH $595-$600 Bull Call
Aug 17, 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.