SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$607.73 +2.49% As of Jul 10, 1:17 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

Explosive Move Brewing? SMH Squeezes at $607.73

Neutral
Jul 10, 2026 at 1:17 AM $607.73 (+2.49%)

Compagnie Generale des Etablissements Michelin SCA (SMH) ticked higher by 2.49% to $607.73 on July 10.

The technical picture is bearish:

Moving Averages Moving averages are stacked bearishly—price below the 9-day at $607.86, resistance at 21-day ($610.01).
Momentum RSI at 50.6 is in neutral territory but trending higher. MACD reads 3.77 against its 11.02 signal line (bearish).
Volatility Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.

Traders are watching $569.76 on the downside and $669.52 on the upside.

SMH Coiled Spring Ready to Release at $607.73

Neutral
Jul 9, 2026 at 9:00 PM $607.73 (+2.49%)

SMH Bands Narrow to Multi-Week Lows at $593.00

Neutral
Jul 8, 2026 at 9:00 PM $593.00 (+1.99%)

SMH Volatility Squeeze Intensifies at $581.45

Neutral
Jul 7, 2026 at 9:00 PM $581.45 (-3.79%)

SMH Consolidation Compresses at $604.30

Neutral
Jul 6, 2026 at 9:00 PM $604.30 (+2.03%)
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

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -126
Trade Date Jan 30, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.