| SMH latest price $248.8000 (3.22%) ($248.8000 - $248.8500) on Thu. Jun. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 68 |
Latest Price | $248.8000(3.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 1.7% a day on average for past five trading days. |
Weekly Trend | SMH advances 3.2% 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(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 | 1.6 () |
Intraday Trend | 0% |
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