| SMH latest price $219.2400 (2.92%) ($219.2400 - $219.3800) on Fri. Dec. 4, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.82% (three month average) |
| RSI | 84 |
| Latest Price | $219.2400(2.92%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.2% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3.5% a week on average for past two weeks. |
| Market Behavior | Broad based 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 -0.91% in a week (0% probabilities).
VIXM(-32%) UUP(-20%) VXX(-12%) TBT(-5%) UNG(1%) |
| 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 | -0.91% (StdDev 1.82%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 0% |
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