| SMH latest price $203.1700 (1.64%) ($200.7900 - $203.9500) on Mon. Nov. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 73 |
Latest Price | $203.1700(1.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.2% a day on average for past five trading days. |
Weekly Trend | SMH advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) FIVG(66%) QQQ(66%) IVW(63%) IWF(62%) SPY(59%) |
Factors Impacting SMH price | SMH will decline at least -0.975% in a week (0% probabilities). VIXM(-32%) UUP(-20%) VXX(-12%) TBT(-5%) EDOC(-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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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