| SMH latest price $246.4900 (-1.22%) ($246.4900 - $246.4900) on Thu. Jun. 3, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.13% (three month average) |
| RSI | 78 |
| Latest Price | $246.4900(-1.22%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3.6% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off 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(64%) QQQ(64%) IVW(61%) IWF(60%) SPY(58%) |
| Factors Impacting SMH price | SMH will decline at least -1.065% in a week (0% probabilities).
VIXM(-29%) UUP(-18%) VXX(-10%) TBT(-5%) 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 | -1.065% (StdDev 2.13%) |
| Hourly BBV | -1.4 () |
| Intraday Trend | 0% |
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