| SMH latest price $170.7700 (0.02%) ($170.2800 - $172.8600) on Fri. Aug. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 59 |
Latest Price | $170.7700(0.02%) |
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 1.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) FIVG(67%) QQQ(66%) IVW(64%) IWF(63%) SPY(60%) |
Factors Impacting SMH price | SMH will decline at least -0.925% in a week (0% probabilities). VIXM(-33%) 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 | -0.925% (StdDev 1.85%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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