SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$542.11 +0.12% As of Sep 16, 12:22 AM
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Trade Idea

Strategy
Bull Call
Strikes
$388/393
Expiration
Apr 24
Target ROI
100.0%
Trade Reasoning
The technical indicators for SMH are highly favorable, with the MACD showing a positive and rising trend, signaling strong bullish momentum. Entering a bull call spread at this point, with a current stock price of $388.30 and strike prices of $387.5/$392.5, allows us to capitalize on anticipated upward movement while limiting risk. The ATM spread structure offers an attractive risk/reward profile, targeting substantial returns 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

Squeeze Play: SMH Preps for Breakout at $542.11

Neutral
Sep 16, 2026 at 12:22 AM • $542.11 (+0.12%)

The stock of Compagnie Generale des Etablissements Michelin SCA (SMH) climbed 0.12% to close at $542.11 on September 16.

Technical indicators paint a bearish picture:

Momentum RSI at 41.8 is neutral but weakening. MACD is bearish (-4.29 vs signal -3.39).
Moving Averages The stock trades below its 9-day EMA ($556.08) with the 21-day ($560.27) acting as overhead resistance.
Volatility Volatility has been compressing for 14 sessions (TTM Squeeze active), often a precursor to directional moves.

Technical levels: $538.34 support, $578.72 resistance.

Breakout Alert: SMH Squeeze Intensifies at $542.11

Neutral
Sep 15, 2026 at 9:01 PM • $542.11 (+0.12%)

SMH Enters Squeeze Mode at $541.50

Neutral
Sep 14, 2026 at 9:02 PM • $541.50 (-4.76%)

SMH Consolidation Compresses at $568.53

Neutral
Sep 13, 2026 at 12:22 AM • $568.53 (+1.48%)

SMH Tightening Range Signals Pending Move at $568.53

Neutral
Sep 12, 2026 at 12:06 AM • $568.53 (+1.48%)
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 -145
Trade Date Mar 19, 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.