| SMH latest price $171.0300 (-1.43%) ($170.9700 - $174.7400) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 46 |
Latest Price | $171.0300(-1.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.3% a day on average for past five trading days. |
Weekly Trend | SMH declines -1.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally 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 -0.89% in a week (0% probabilities). VIXM(-32%) UUP(-21%) VXX(-13%) TBT(-5%) IGOV(-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 | -0.89% (StdDev 1.78%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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