SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$436.88 +1.53% As of Apr 13, 2:15 AM
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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 Finds Strong EMA Support at $436.88

Bullish
Apr 13, 2026 at 2:15 AM • $436.88 (+1.53%)

Compagnie Generale des Etablissements Michelin SCA (SMH) advanced 1.53%, ending the session at $436.88 on April 13.

From a technical standpoint, the outlook appears bullish:

Moving Averages Price trades above the 9-day EMA ($410.33) with a bullish stack. The 21-day EMA at $401.07 provides support.
Momentum RSI at 67.5 is neutral but improving. MACD reads 6.28 against its 0.23 signal line (bullish).
Volatility Price is extended above the upper Bollinger Band ($429.56), suggesting possible mean reversion.

The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.

Key levels to watch: Support at $361.21, Resistance at $429.56.

Moving Averages Propel SMH to $436.88

Bullish
Apr 12, 2026 at 1:22 AM • $436.88 (+1.53%)

SMH Maintains Uptrend, Holds Above EMAs at $436.88

Bullish
Apr 11, 2026 at 1:42 AM • $436.88 (+1.53%)

SMH Bounces Off EMAs, Climbs to $436.88

Bullish
Apr 10, 2026 at 9:00 PM • $436.88 (+1.53%)

SMH Technical Picture Brightens at $430.31

Bullish
Apr 9, 2026 at 9:00 PM • $430.31 (+1.75%)
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 38
Trade Date Apr 13, 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.