| SMH latest price $172.7850 (-1.55%) ($171.8400 - $176.3900) on Thu. Aug. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 57 |
Latest Price | $172.7850(-1.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.4% a day on average for past five trading days. |
Weekly Trend | SMH advances 1% 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(66%) IVW(63%) IWF(63%) SPY(60%) |
Factors Impacting SMH price | SMH will decline at least -0.84% in a week (0% probabilities). VIXM(-33%) UUP(-21%) VXX(-13%) TBT(-5%) EDOC(-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 | -0.84% (StdDev 1.68%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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