| SMH latest price $128.0800 (-0.68%) ($127.9400 - $130.1630) on Tue. Oct. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 71 |
Latest Price | $128.0800(-0.68%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.7% a day on average for past five trading days. |
Weekly Trend | SMH advances 1.8% 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 -0.86% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.86% (StdDev 1.72%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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