| SMH latest price $166.2600 (-0.62%) ($163.8300 - $167.5400) on Fri. Jul. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 64 |
Latest Price | $166.2600(-0.62%) |
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 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(63%) SPY(61%) |
Factors Impacting SMH price | SMH will decline at least -0.945% in a week (0% probabilities). VIXM(-31%) UUP(-20%) VXX(-13%) IGOV(-7%) TBT(-5%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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