SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$607.81 +1.49% As of Jun 2, 4:44 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$320/325
Expiration
Oct 31
Target ROI
100.0%
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.
• Short-term EMAs are rising.

Technical Analysis

Technical Warning: SMH RSI Hits Overbought at $607.81

Bearish
Jun 2, 2026 at 4:44 AM • $607.81 (+1.49%)

Compagnie Generale des Etablissements Michelin SCA (SMH) gained 1.49% to finish at $607.81 on June 2.

Technical indicators paint a bullish picture:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($588.13) supports, 21-day ($561.40) below.
Momentum RSI at 72.7 is elevated in overbought zone, which often precedes pullbacks. MACD reads 30.71 against its 30.48 signal line (bullish).
Volatility Bollinger Band width at 18.6% indicates normal volatility.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Key levels to watch: Support at $514.02, Resistance at $619.35.

Overbought Readings Warn of SMH Pullback at $607.81

Bearish
Jun 1, 2026 at 9:00 PM • $607.81 (+1.49%)

Sell Signal? SMH RSI Peaks at $598.93

Bearish
May 31, 2026 at 1:01 AM • $598.93 (-0.15%)

RSI Above 70: SMH Getting Frothy at $598.93

Bearish
May 30, 2026 at 1:08 AM • $598.93 (-0.15%)

Technical Warning: SMH RSI Hits Overbought at $598.93

Bearish
May 29, 2026 at 9:00 PM • $598.93 (-0.15%)
Systematic technical analysis • Updated daily after market close
Exclusive Offer

Get Trade Alerts

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

Use code:
HEADSTART50
50% off your first month
Claim Offer Try Scanner

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -214
Trade Date Sep 25, 2025

Related Trades

SMH $435-$440 Bull Call
Apr 13, 2026
SMH $387.5-$392.5 Bull Call
Mar 19, 2026
SMH $405-$410 Bull Call
Feb 10, 2026
SMH $405-$410 Bull Call
Feb 10, 2026
SMH $405-$410 Bull Call
Jan 30, 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.