SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$393.67 -0.81% As of Mar 19, 12:54 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

Sellers Dominate SMH Below Key EMAs at $393.67

Bearish
Mar 19, 2026 at 12:54 AM $393.67 (-0.81%)

Shares of Compagnie Generale des Etablissements Michelin SCA (SMH) declined 0.81% to $393.67 on March 19.

The technical setup looks bearish:

Moving Averages The stock trades below its 9-day EMA ($394.70) with the 21-day ($397.83) acting as overhead resistance.
Momentum RSI at 47.7 is neutral but improving. MACD reads -2.34 against its -1.18 signal line (bearish).
Volatility Bollinger Band width at 11.5% indicates normal volatility.

Support sits at $378.35 with resistance at $424.35.

Bears Tighten Grip on SMH Below $393.67

Bearish
Mar 18, 2026 at 9:00 PM $393.67 (-0.81%)

Energy Building: SMH Consolidates Tightly at $396.88

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

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%)
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 35
Trade Date Mar 19, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.