| SMH latest price $163.5800 (2.09%) ($159.3200 - $163.8400) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 74 |
Latest Price | $163.5800(2.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.7% a day on average for past five trading days. |
Weekly Trend | SMH advances 2.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock 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(61%) |
Factors Impacting SMH price | SMH will decline at least -1.11% in a week (0% probabilities). VIXM(-32%) 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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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