| SMH latest price $105.0429 (0.38%) ($104.0715 - $105.6120) on Wed. Oct. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 57 |
Latest Price | $105.0429(0.38%) |
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 0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) QQQ(74%) IVW(72%) IWF(72%) XLK(70%) SPY(69%) |
Factors Impacting SMH price | SMH will decline at least -0.535% in a week (0% probabilities). VXX(-18%) UUP(-16%) IFRA(-11%) VIXM(-9%) TLT(-9%) |
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 | -0.535% (StdDev 1.07%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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