| SMH latest price $160.4600 (1.66%) ($156.8850 - $161.2400) on Thu. Jul. 9, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.35% (three month average) |
| RSI | 62 |
| Latest Price | $160.4600(1.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.2% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2% 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(64%) IWF(64%) SPY(60%) |
| Factors Impacting SMH price | SMH will decline at least -1.175% 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 | -1.175% (StdDev 2.35%) |
| Hourly BBV | 2.4 () |
| Intraday Trend | 0% |
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