| SMH latest price $187.4600 (-0.45%) ($184.4000 - $187.9000) on Thu. Oct. 15, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.8% (three month average) |
| RSI | 76 |
| Latest Price | $187.4600(-0.45%) |
| 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 4.1% a week on average for past two weeks. |
| Market Behavior | Normal 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(63%) IWF(63%) SPY(60%) |
| Factors Impacting SMH price | SMH will decline at least -0.9% in a week (0% probabilities).
VIXM(-32%) 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 | -0.9% (StdDev 1.8%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | 0% |
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