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 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

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 -203
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.