| SMH latest price $311.8600 (0.59%) ($311.8600 - $311.8600) on Fri. Nov. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 81 |
Latest Price | $311.8600(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.7% a day on average for past five trading days. |
Weekly Trend | SMH advances 3.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(63%) FIVG(62%) IVW(60%) IWF(59%) SPY(57%) |
Factors Impacting SMH price | SMH will decline at least -0.7% in a week (0% probabilities). VIXM(-28%) UUP(-18%) VXX(-9%) TBT(-5%) IGOV(-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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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