| SMH latest price $147.6300 (2.88%) ($145.7600 - $148.1400) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.71% (three month average) |
| RSI | 72 |
| Latest Price | $147.6300(2.88%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.9% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
FIVG(68%) QQQ(67%) IVW(64%) IWF(64%) SPY(61%) |
| Factors Impacting SMH price | SMH will decline at least -2.355% in a week (0% probabilities).
VIXM(-34%) UUP(-21%) VXX(-15%) TBT(-4%) UNG(1%) |
| 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 | -2.355% (StdDev 4.71%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 0% |
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