| SMH latest price $245.7400 (1.55%) ($245.7400 - $245.9800) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.67% (three month average) |
| RSI | 83 |
| Latest Price | $245.7400(1.55%) |
| 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 4.6% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
FIVG(66%) QQQ(66%) IVW(62%) IWF(62%) SPY(59%) |
| Factors Impacting SMH price | SMH will decline at least -0.835% in a week (0% probabilities).
VIXM(-33%) UUP(-20%) 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 | -0.835% (StdDev 1.67%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
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