| SMH latest price $241.0350 (-1.33%) ($241.0350 - $241.0350) on Wed. Jun. 1, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.91% (three month average) |
| RSI | 66 |
| Latest Price | $241.0350(-1.33%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.5% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.6% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(56%) FIVG(53%) IVW(52%) IWF(50%) SPY(49%) |
| Factors Impacting SMH price | SMH will decline at least -1.455% in a week (0% probabilities).
UUP(-15%) VIXM(-13%) TBT(-10%) VXX(-4%) UNG(-2%) |
| 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 | -1.455% (StdDev 2.91%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | 0% |
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