| SMH latest price $275.7250 (4.58%) ($275.7250 - $275.7250) on Thu. Mar. 24, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.68% (three month average) |
| RSI | 60 |
| Latest Price | $275.7250(4.58%) |
| 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 advances 4% a week on average for past two weeks. |
| Market Behavior | Broad based 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(60%) FIVG(58%) IVW(57%) IWF(55%) SPY(54%) |
| Factors Impacting SMH price | SMH will decline at least -1.34% in a week (0% probabilities).
VIXM(-20%) UUP(-16%) TBT(-10%) VXX(-5%) UNG(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.34% (StdDev 2.68%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 0% |
| | |
| |
|