SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$585.62 -4.16% As of Jul 13, 9:00 PM
Loading chart...
Interactive chart powered by TradingView

Trade Idea

Strategy
Bull Call
Strikes
$435/440
Expiration
May 22
Target ROI
100.0%
Trade Reasoning
The technical indicators for SMH are strongly bullish, as the MACD is positive and rising, indicating increasing momentum, while the short-term EMAs are both positive and trending upward, confirming the strength of the upward price movement. This is an ideal entry point for a Bull Call Spread at the $435/$440 strikes, allowing us to capitalize on expected price appreciation while limiting risk. The ATM spread structure offers an attractive risk/reward profile, as we can achieve significant returns with minimal exposure to downside risk. 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 Bands Narrow to Multi-Week Lows at $585.62

Neutral
Jul 13, 2026 at 9:00 PM • $585.62 (-4.16%)

Compagnie Generale des Etablissements Michelin SCA (SMH) slipped 4.16% to $585.62 on July 13.

Technical indicators paint a bearish picture:

Moving Averages Bearish EMA structure persists with price below the 9-day ($603.92) and 21-day ($607.87).
Momentum RSI at 46.1 is in neutral territory. MACD reads 1.30 against its 7.88 signal line (bearish).
Volatility Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.
Key levels to watch: Support at $573.17, Resistance at $667.74.

Breakout Alert: SMH Squeeze Intensifies at $611.03

Neutral
Jul 12, 2026 at 3:37 AM • $611.03 (+0.55%)

SMH Coiled Spring Ready to Release at $611.03

Neutral
Jul 11, 2026 at 12:03 AM • $611.03 (+0.55%)

Low Volatility Setup: SMH Squeezes at $611.03

Neutral
Jul 10, 2026 at 9:00 PM • $611.03 (+0.55%)

SMH Coiled Spring Ready to Release at $607.73

Neutral
Jul 9, 2026 at 9:00 PM • $607.73 (+2.49%)
Systematic technical analysis • Updated daily after market close
Exclusive Offer

Get Trade Alerts

Receive disciplined options trade ideas with entries, targets & risk management.

Use code:
HEADSTART50
50% off your first month
Claim Offer Try Scanner

Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -52
Trade Date Apr 13, 2026

Related Trades

SMH $660-$665 Bull Call
Jun 22, 2026
SMH $625-$630 Bull Call
Jun 17, 2026
SMH $387.5-$392.5 Bull Call
Mar 19, 2026
SMH $405-$410 Bull Call
Feb 10, 2026
SMH $405-$410 Bull Call
Feb 10, 2026

Related Stocks

AAPL
AAPL
Apple Inc
ACN
ACN
Accenture PLC
ADBE
ADBE
Adobe Inc
ADSK
ADSK
Autodesk Inc
APP
APP
Applovin Corp
CDNS
CDNS
Cadence Design Systems Inc
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.