SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$607.27 -2.85% As of Oct 9, 12:00 AM
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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

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

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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -210
Trade Date Feb 10, 2026

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.