SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$396.88 +0.76% As of Mar 18, 2:29 AM
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Trade Idea

Strategy
Bull Call
Strikes
$398/403
Expiration
Apr 24
Target ROI
100.0%
Trade Reasoning
The MACD indicator is currently positive and rising, signaling strong bullish momentum for SMH, making this an optimal entry point for a Bull Call Spread. By purchasing the $397.5 call and selling the $402.5 call, we capitalize on the anticipated upward price movement while limiting our risk exposure. This ATM spread structure offers an attractive risk/reward ratio, as it allows for substantial profit potential while maintaining a disciplined approach to trade management. 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.

Technical Analysis

Energy Building: SMH Consolidates Tightly at $396.88

Neutral
Mar 18, 2026 at 2:29 AM • $396.88 (+0.76%)

Shares of Compagnie Generale des Etablissements Michelin SCA (SMH) rose 0.76% to $396.88 on March 18.

Key indicators suggest a mixed bias:

Momentum RSI at 49.4 is showing no strong directional bias. MACD reads -2.32 against its -0.89 signal line (bearish).
Moving Averages Price hovers around the 9-day EMA ($394.96), while the 21-day ($398.24) provides a key reference.
Volatility Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.

Support sits at $379.08 with resistance at $425.50.

Squeeze Play: SMH Preps for Breakout at $396.88

Neutral
Mar 17, 2026 at 9:00 PM • $396.88 (+0.76%)

TTM Squeeze Alert: SMH Primed for Big Move at $393.92

Neutral
Mar 16, 2026 at 9:00 PM • $393.92 (+1.71%)

Explosive Move Brewing? SMH Squeezes at $387.33

Neutral
Mar 15, 2026 at 12:19 AM • $387.33 (-0.21%)

SMH Range Contracts Sharply Near $387.33

Neutral
Mar 14, 2026 at 12:34 AM • $387.33 (-0.21%)
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 36
Trade Date Mar 18, 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.