SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$607.27 -2.85% As of Oct 9, 12:00 AM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$405/410
Expiration
Mar 6
Target ROI
100.0%
Trade Reasoning
The current technical indicators for SMH are strongly bullish, with the MACD showing positive momentum and rising short-term EMAs indicating sustained upward momentum. Entering a Bull Call Spread at this price point allows us to leverage the upward trend while minimizing risk, as the ATM structure provides a favorable risk/reward ratio. This strategy capitalizes on the expected price movement while limiting potential losses, aligning perfectly with Maya's 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.
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.
• Short-term EMAs are rising.

Technical Analysis

SMH Sees Bullish MACD Crossover at $607.27

Bullish
Oct 9, 2026 at 12:00 AM • $607.27 (-2.85%)

Compagnie Generale des Etablissements Michelin SCA (SMH) closed down 2.85% at $607.27 on October 9.

The technical setup looks mixed:

Momentum RSI at 54.7 is neutral but weakening. MACD reads 15.07 against its 13.30 signal line (bullish).
Moving Averages Mixed signals with price near the 9-day EMA ($615.99). The 21-day EMA sits at $601.19.
Volatility Bollinger Band width at 19.6% indicates normal volatility.

Watch $537.09 as support and $653.54 as resistance.

Positive Divergence: SMH MACD Turns at $607.27

Bullish
Oct 8, 2026 at 9:01 PM • $607.27 (-2.85%)

SMH Finds Strong EMA Support at $625.03

Bullish
Oct 7, 2026 at 9:01 PM • $625.03 (-1.19%)

Bulls Push SMH Above Key EMAs to $632.50

Bullish
Oct 6, 2026 at 9:01 PM • $632.50 (-0.23%)

SMH Breaks Out at $633.90 as Moving Averages Align

Bullish
Oct 5, 2026 at 9:01 PM • $633.90 (+0.53%)
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 -217
Trade Date Jan 30, 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 $555-$560 Bull Call
Sep 10, 2026
SMH $560-$565 Bull Call
Sep 10, 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.