| SMH latest price $122.6100 (0.15%) ($122.0500 - $122.8700) on Mon. Oct. 14, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 59 |
Latest Price | $122.6100(0.15%) |
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 0.4% 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 -0.84% in a week (0% probabilities). VIXM(-46%) VXX(-22%) UUP(-10%) TLT(-6%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.84% (StdDev 1.68%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|