| SMH latest price $149.1500 (1.03%) ($146.7000 - $150.1800) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.68% (three month average) |
| RSI | 69 |
| Latest Price | $149.1500(1.03%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.6% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3.2% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal 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 -2.34% 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 | -2.34% (StdDev 4.68%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0% |
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