| SMH latest price $167.2900 (1.04%) ($163.8600 - $167.4000) on Thu. Jul. 30, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2% (three month average) |
| RSI | 60 |
| Latest Price | $167.2900(1.04%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.8% a day on average for past five trading days. |
| Weekly Trend | SMH advances 1.4% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off 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(63%) SPY(61%) |
| Factors Impacting SMH price | SMH will decline at least -1% in a week (0% probabilities).
VIXM(-32%) UUP(-21%) VXX(-13%) 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% (StdDev 2%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
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