| SMH latest price $50.0153 (3%) ($48.3622 - $50.4192) on Wed. Oct. 14, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 73 |
Latest Price | $50.0153(3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.4% a day on average for past five trading days. |
Weekly Trend | SMH advances 3.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) QQQ(75%) IWF(73%) XLK(72%) SPY(70%) VUG(70%) |
Factors Impacting SMH price | SMH will decline at least -0.835% in a week (0% probabilities). VIXM(-18%) UUP(-12%) TLT(-11%) IGOV(-5%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.835% (StdDev 1.67%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
| |
|
|