| SMH latest price $155.4100 (-1.43%) ($155.3200 - $158.0700) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 60 |
Latest Price | $155.4100(-1.43%) |
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 1.1% 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(68%) QQQ(66%) IVW(64%) IWF(64%) SPY(60%) |
Factors Impacting SMH price | SMH will decline at least -1.19% in a week (0% probabilities). VIXM(-33%) UUP(-21%) VXX(-14%) TBT(-5%) IYT(0%) |
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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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