| SMH latest price $110.7300 (-0.73%) ($109.6000 - $110.9700) on Fri. Jul. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 72 |
Latest Price | $110.7300(-0.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.1% 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 | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) FIVG(75%) QQQ(73%) IVW(71%) IWF(71%) SPY(68%) |
Factors Impacting SMH price | SMH will decline at least -0.85% in a week (0% probabilities). VIXM(-46%) VXX(-23%) UUP(-10%) TLT(-7%) IFRA(-5%) |
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 | -0.85% (StdDev 1.7%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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