| SMH latest price $136.5900 (-0.34%) ($136.1300 - $139.2700) on Tue. May. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 4.82% (three month average) |
| RSI | 46 |
| Latest Price | $136.5900(-0.34%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SMH advances 0.8% a week on average for past two weeks. |
| Market Behavior | Value stocks 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(68%) QQQ(67%) IVW(65%) IWF(64%) SPY(61%) |
| Factors Impacting SMH price | SMH will decline at least -2.41% in a week (0% probabilities).
VIXM(-34%) UUP(-21%) VXX(-15%) TBT(-3%) UNG(2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.41% (StdDev 4.82%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0% |
| | |
| |
|