| SMH latest price $134.4200 (-3.13%) ($134.4200 - $134.4200) on Thu. Mar. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.98% (three month average) |
| RSI | 34 |
| Latest Price | $134.4200(-3.13%) |
| 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 declines -5.3% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off 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(72%) IVW(71%) IWF(71%) SPY(67%) |
| Factors Impacting SMH price | SMH will decline at least -0.99% in a week (0% probabilities).
VIXM(-45%) VXX(-21%) UUP(-12%) IGOV(-6%) TLT(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.99% (StdDev 1.98%) |
| Hourly BBV | -0.7 () |
| Intraday Trend | 0% |
| | |
| |
|