| SMH latest price $174.4900 (-0.02%) ($173.4460 - $176.1900) on Wed. Sep. 30, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.77% (three month average) |
| RSI | 65 |
| Latest Price | $174.4900(-0.02%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1% a day on average for past five trading days. |
| Weekly Trend | SMH advances 0.8% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Normal 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 -0.885% in a week (0% probabilities).
VIXM(-33%) UUP(-20%) 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 | -0.885% (StdDev 1.77%) |
| Hourly BBV | 0.2 () |
| Intraday Trend | 0% |
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