SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$601.41 -1.00% As of Sep 24, 12:46 AM
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Trade Idea

Strategy
Bull Call
Strikes
$590/595
Expiration
Oct 30
Target ROI
100.0%
Trade Reasoning
The current stock price of $591.42 is positioned near the lower strike of our Bull Call Spread at $590, making this an optimal entry point as we anticipate a price increase. With no identified technical risk factors, the market sentiment supports a bullish outlook. The ATM spread structure maximizes our risk/reward potential, allowing us to capitalize on upward movement while limiting losses to a small percentage, aligned with our disciplined trade management approach. 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 Rides Bullish EMAs Higher to $601.41

Bullish
Sep 24, 2026 at 12:46 AM $601.41 (-1.00%)

Compagnie Generale des Etablissements Michelin SCA (SMH) closed down 1.00% at $601.41 on September 24.

The technical picture is bullish:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($579.90) supports, 21-day ($570.66) below.
Momentum RSI at 61.3 is neutral but improving. MACD is bullish (6.11 vs signal 0.13).
Volatility Bollinger Band width at 13.2% indicates normal volatility.

The $527.64-$602.19 range defines near-term boundaries.

SMH Finds Strong EMA Support at $601.41

Bullish
Sep 23, 2026 at 9:01 PM $601.41 (-1.00%)

Traders Watch SMH Squeeze Closely at $607.46

Neutral
Sep 23, 2026 at 12:58 AM $607.46 (+1.92%)

Energy Building: SMH Consolidates Tightly at $607.46

Neutral
Sep 22, 2026 at 9:01 PM $607.46 (+1.92%)

SMH Tightening Range Signals Pending Move at $596.03

Neutral
Sep 21, 2026 at 9:01 PM $596.03 (+4.02%)
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 35
Trade Date Sep 24, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.