| SMH latest price $72.4455 (-0.77%) ($72.1843 - $73.0840) on Thu. Jan. 26, 2017. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.24% (three month average) |
| RSI | 66 |
| Latest Price | $72.4455(-0.77%) |
| 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 1.3% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Growth stock sell-off 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(70%) |
| Factors Impacting SMH price | SMH will decline at least -0.62% in a week (0% probabilities).
VIXM(-14%) UUP(-14%) TLT(-10%) IGOV(-4%) SHY(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.62% (StdDev 1.24%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.9% |
| | |
| |
|