| SMH latest price $263.6450 (-0.13%) ($263.6450 - $263.6450) on Tue. Aug. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 36 |
Latest Price | $263.6450(-0.13%) |
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 -1.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally 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 -0.625% in a week (0% probabilities). VIXM(-28%) UUP(-17%) VXX(-9%) TBT(-5%) UNG(0%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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