| SMH latest price $150.7400 (-0.63%) ($150.4100 - $153.9500) on Fri. Jun. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 68 |
Latest Price | $150.7400(-0.63%) |
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 1.1% 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 -1.61% in a week (0% probabilities). VIXM(-34%) UUP(-21%) VXX(-14%) TBT(-4%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.61% (StdDev 3.22%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
| |
|
|