| SMH latest price $172.1500 (-0.6%) ($171.6400 - $174.3300) on Tue. Aug. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 65 |
Latest Price | $172.1500(-0.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.6% a day on average for past five trading days. |
Weekly Trend | SMH advances 1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(67%) QQQ(66%) IVW(64%) IWF(63%) SPY(60%) |
Factors Impacting SMH price | SMH will decline at least -0.875% 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 | -0.875% (StdDev 1.75%) |
Hourly BBV | -0 () |
Intraday Trend | 0% |
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