SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$606.56 +1.01% As of Sep 28, 12:28 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$600/605
Expiration
Nov 6
Target ROI
100.0%
Trade Reasoning
The current stock price of $602.18 positions SMH just below the $605 strike, creating an ideal entry point for a Bull Call Spread. With no identified technical risk factors, this trade captures upside potential while limiting downside exposure. The ATM spread structure maximizes the risk/reward ratio, aiming for attractive returns as the price approaches and exceeds the higher 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 Holds Bullish Structure Above $606.56

Bullish
Sep 28, 2026 at 12:28 AM • $606.56 (+1.01%)

Shares of Compagnie Generale des Etablissements Michelin SCA (SMH) rose 1.01% to $606.56 on September 28.

Technical indicators paint a bullish picture:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($588.53) supports, 21-day ($576.40) below.
Momentum RSI at 62.2 is in neutral territory. MACD is bullish (9.20 vs signal 3.14).
Volatility Bollinger Band width at 15.3% indicates normal volatility.

The $525.26-$612.40 range defines near-term boundaries.

EMA Crossover Fuels SMH Move to $606.56

Bullish
Sep 27, 2026 at 12:36 AM • $606.56 (+1.01%)

Buyers Lift SMH Past Key EMAs to $606.56

Bullish
Sep 26, 2026 at 12:23 AM • $606.56 (+1.01%)

Strong Hands Lift SMH Above EMAs to $606.56

Bullish
Sep 25, 2026 at 9:01 PM • $606.56 (+1.01%)

Technical Strength: SMH Clears Moving Averages at $600.52

Bullish
Sep 24, 2026 at 9:01 PM • $600.52 (-0.15%)
Systematic technical analysis • Updated daily after market close

Get Trade Alerts

Receive disciplined options trade ideas with entries, targets & risk management.

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp 38
Trade Date Sep 28, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.