| SMH latest price $267.2800 (0.09%) ($267.2800 - $267.2800) on Thu. Aug. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.26% (three month average) |
| RSI | 45 |
| Latest Price | $267.2800(0.09%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1% a day on average for past five trading days. |
| Weekly Trend | SMH declines -0.1% a week on average for past two weeks. |
| Market Behavior | Broad based 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)
QQQ(64%) FIVG(63%) IVW(61%) IWF(60%) SPY(58%) |
| Factors Impacting SMH price | SMH will decline at least -0.63% in a week (0% probabilities).
VIXM(-28%) UUP(-17%) VXX(-9%) TBT(-5%) UNG(1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.63% (StdDev 1.26%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 0% |
| | |
| |
|