| SMH latest price $242.0200 (-0.3%) ($242.0200 - $244.2350) on Tue. Feb. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 49 |
Latest Price | $242.0200(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.3% a day on average for past five trading days. |
Weekly Trend | SMH declines -0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -0.86% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.86% (StdDev 1.72%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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