| SMH latest price $61.1092 (0.28%) ($60.9364 - $61.3203) on Mon. Aug. 1, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 80 |
Latest Price | $61.1092(0.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.5% a day on average for past five trading days. |
Weekly Trend | SMH advances 3.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) QQQ(75%) IVW(73%) IWF(73%) XLK(71%) SPY(69%) |
Factors Impacting SMH price | SMH will decline at least -0.735% in a week (0% probabilities). VIXM(-15%) UUP(-13%) TLT(-9%) IPO(-8%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.735% (StdDev 1.47%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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