| SMH latest price $205.4100 (0.84%) ($199.3900 - $205.4100) on Wed. Jul. 13, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 47 |
Latest Price | $205.4100(0.84%) |
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 declines -1.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) QQQ(53%) FIVG(50%) IVW(49%) IWF(47%) SPY(47%) |
Factors Impacting SMH price | SMH will decline at least -1.435% in a week (0% probabilities). UUP(-14%) TBT(-11%) VIXM(-9%) VXX(-3%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.435% (StdDev 2.87%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
| |
|
|