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 13
Target ROI
100.0%
Trade Reasoning
The technical indicators for SMH are strongly bullish, with a positive and rising MACD and short-term EMAs that are both positive and rising, signaling a clear upward momentum. This is an optimal entry point as the current stock price is at $405.77, just above the lower strike of $405, allowing for maximum intrinsic value potential. The ATM bull call spread structure enhances risk/reward, as it limits potential losses while positioning for significant gains if the price rises to the $410 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.
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
Claim Offer Try Scanner

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -119
Trade Date Feb 10, 2026

Related Trades

SMH $660-$665 Bull Call
Jun 22, 2026
SMH $625-$630 Bull Call
Jun 17, 2026
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

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.