| SMH latest price $262.0200 (0.19%) ($262.0200 - $262.4500) on Wed. Jun. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 66 |
Latest Price | $262.0200(0.19%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) QQQ(64%) FIVG(63%) IVW(61%) IWF(60%) SPY(58%) |
Factors Impacting SMH price | SMH will decline at least -0.81% 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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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