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 20
Target ROI
100.0%
Trade Reasoning
The technical indicators for SMH are strongly bullish, with the MACD showing positive momentum and rising, alongside positive and rising short-term EMAs. This creates a favorable entry point as the stock is currently at $407.90, just above the lower strike of $405, allowing for a high probability of the price moving towards the upper strike of $410. The ATM bull call spread structure maximizes the risk/reward ratio by limiting risk while targeting a significant upside, perfectly aligning with our strategy of capturing price appreciation in this bullish environment. 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 -67
Trade Date Feb 10, 2026

Related Trades

SMH $435-$440 Bull Call
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SMH $387.5-$392.5 Bull Call
Mar 19, 2026
SMH $405-$410 Bull Call
Feb 10, 2026
SMH $405-$410 Bull Call
Jan 30, 2026
SMH $375-$380 Bull Call
Jan 8, 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.