| SMH latest price $255.7300 (0.89%) ($255.7300 - $255.7300) on Thu. Apr. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 72 |
Latest Price | $255.7300(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.9% a day on average for past five trading days. |
Weekly Trend | SMH advances 4.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) QQQ(65%) FIVG(64%) IVW(62%) IWF(61%) SPY(58%) |
Factors Impacting SMH price | SMH will decline at least -1.225% in a week (0% probabilities). VIXM(-30%) UUP(-18%) VXX(-11%) TBT(-5%) IGOV(-4%) |
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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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