| SMH latest price $121.9100 (-0.05%) ($121.3400 - $122.4800) on Fri. Sep. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 87 |
Latest Price | $121.9100(-0.05%) |
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 4.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) FIVG(74%) QQQ(73%) IVW(71%) IWF(71%) SPY(68%) |
Factors Impacting SMH price | SMH will decline at least -0.875% in a week (0% probabilities). VIXM(-45%) VXX(-22%) UUP(-10%) TLT(-6%) 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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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