| SMH latest price $114.8500 (-0.89%) ($112.7100 - $120.3900) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.21% (three month average) |
| RSI | 43 |
| Latest Price | $114.8500(-0.89%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 2.6% a day on average for past five trading days. |
| Weekly Trend | SMH declines -7.7% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
FIVG(72%) QQQ(71%) IVW(69%) IWF(69%) SPY(65%) |
| Factors Impacting SMH price | SMH will decline at least -2.105% in a week (0% probabilities).
VIXM(-42%) VXX(-19%) UUP(-16%) IGOV(-4%) TLT(-2%) |
| 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 | -2.105% (StdDev 4.21%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0% |
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