| SMH latest price $242.9200 (2.35%) ($242.9200 - $242.9200) on Wed. Aug. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 80 |
Latest Price | $242.9200(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.9% a day on average for past five trading days. |
Weekly Trend | SMH advances 4.6% 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(53%) FIVG(49%) IVW(49%) IWF(46%) SPY(46%) |
Factors Impacting SMH price | SMH will decline at least -1.365% in a week (0% probabilities). UUP(-13%) TBT(-12%) VIXM(-7%) VXX(-3%) UNG(-3%) |
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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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