| SMH latest price $171.7050 (1.52%) ($169.1200 - $171.8000) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.88% (three month average) |
| RSI | 67 |
| Latest Price | $171.7050(1.52%) |
| 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 2.2% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Value stock rally 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 -0.94% 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 | -0.94% (StdDev 1.88%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0% |
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