| SMH latest price $230.3400 (-0.43%) ($230.3400 - $230.3400) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 70 |
Latest Price | $230.3400(-0.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 1.1% a day on average for past five trading days. |
Weekly Trend | SMH advances 2.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -0.795% in a week (0% probabilities). VIXM(-32%) UUP(-19%) VXX(-12%) TBT(-6%) 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 | -0.795% (StdDev 1.59%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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