| SMH latest price $169.6550 (0.04%) ($167.1400 - $170.4400) on Mon. Aug. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 61 |
Latest Price | $169.6550(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.1% a day on average for past five trading days. |
Weekly Trend | SMH advances 2.6% 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(67%) QQQ(67%) IVW(64%) IWF(63%) SPY(60%) |
Factors Impacting SMH price | SMH will decline at least -0.935% 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 | -0.935% (StdDev 1.87%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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