| SMH latest price $146.0250 (0.48%) ($146.0250 - $146.0250) on Fri. Jan. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.16% (three month average) |
| RSI | 58 |
| Latest Price | $146.0250(0.48%) |
| 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 0.9% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based sell-off 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 -0.58% in a week (0% probabilities).
VIXM(-45%) VXX(-21%) UUP(-11%) TLT(-6%) IGOV(3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.58% (StdDev 1.16%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
| | |
| |
|