SMH

SMH

Compagnie Generale des Etablissements Michelin SCA
Technology
$603.33 -0.65% As of Oct 12, 12:03 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

Sell Signal: SMH MACD Turns Bearish at $603.33

Bearish
Oct 12, 2026 at 12:03 AM • $603.33 (-0.65%)

Compagnie Generale des Etablissements Michelin SCA (SMH) fell 0.65% to finish at $603.33 on October 12.

Technical indicators paint a bearish picture:

Momentum RSI at 53.3 is in neutral territory but trending lower. MACD reads 13.26 against its 13.29 signal line (bearish).
Moving Averages The 9-day EMA ($613.45) and 21-day ($601.40) offer no clear directional bias currently.
Volatility Bollinger Band width at 19.1% indicates normal volatility.

Watch $540.07 as support and $654.05 as resistance.

Caution: SMH MACD Histogram Turns Red at $603.33

Bearish
Oct 11, 2026 at 12:08 AM • $603.33 (-0.65%)

Bearish MACD Cross Pressures SMH at $603.33

Bearish
Oct 10, 2026 at 12:23 AM • $603.33 (-0.65%)

Caution: SMH MACD Histogram Turns Red at $603.33

Bearish
Oct 9, 2026 at 9:01 PM • $603.33 (-0.65%)

SMH Sees Bullish MACD Crossover at $607.27

Bullish
Oct 9, 2026 at 12:00 AM • $607.27 (-2.85%)
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 -143
Trade Date Apr 13, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.