SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$576.32 +1.49% As of May 26, 12:31 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

Bullish EMA Stack Supports SMH Rally to $576.32

Bullish
May 26, 2026 at 12:31 AM $576.32 (+1.49%)

Compagnie Generale des Etablissements Michelin SCA (SMH) ticked higher by 1.49% to $576.32 on May 26.

Technical indicators paint a bullish picture:

Momentum RSI at 68.8 is in neutral territory but trending higher. MACD reads 28.29 against its 30.45 signal line (bearish).
Moving Averages Bullish EMA alignment intact with price above the 9-day at $560.48 and 21-day at $537.14.
Volatility Bollinger Band width at 21.3% indicates normal volatility.

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

The $484.54-$599.77 range defines near-term boundaries.

Bulls Push SMH Above Key EMAs to $576.32

Bullish
May 25, 2026 at 9:00 PM $576.32 (+1.49%)

SMH Powers to $576.32 on Strong EMA Stack

Bullish
May 24, 2026 at 12:14 AM $576.32 (+1.49%)

SMH Holds Bullish Structure Above $576.32

Bullish
May 23, 2026 at 12:12 AM $576.32 (+1.49%)

EMA Crossover Fuels SMH Move to $576.32

Bullish
May 22, 2026 at 9:00 PM $576.32 (+1.49%)
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 -74
Trade Date Feb 10, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.