| SMH latest price $242.7550 (3.19%) ($237.0200 - $242.7550) on Mon. Feb. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.73% (three month average) |
| RSI | 49 |
| Latest Price | $242.7550(3.19%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SMH declines -0.9% 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 -0.865% in a week (0% probabilities).
VIXM(-32%) UUP(-19%) VXX(-12%) TBT(-6%) IGOV(1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.865% (StdDev 1.73%) |
| Hourly BBV | 1.9 () |
| Intraday Trend | 0% |
| | |
| |
|