| SMH latest price $115.0300 (-5.66%) ($114.9500 - $119.0700) on Fri. Mar. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 4.35% (three month average) |
| RSI | 49 |
| Latest Price | $115.0300(-5.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 2.5% a day on average for past five trading days. |
| Weekly Trend | SMH declines -1.7% 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(71%) QQQ(70%) IVW(67%) IWF(67%) IDRV(63%) |
| Factors Impacting SMH price | SMH will decline at least -2.175% in a week (0% probabilities).
VIXM(-40%) UUP(-22%) VXX(-17%) IGOV(-2%) TBT(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.175% (StdDev 4.35%) |
| Hourly BBV | -1 () |
| Intraday Trend | 0% |
| | |
| |
|