| SMH latest price $241.7050 (1.41%) ($241.7050 - $241.7050) on Thu. Aug. 18, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.4% (three month average) |
| RSI | 55 |
| Latest Price | $241.7050(1.41%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.3% a day on average for past five trading days. |
| Weekly Trend | SMH advances 0.7% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(52%) FIVG(48%) IVW(48%) IWF(45%) SPY(45%) |
| Factors Impacting SMH price | SMH will decline at least -1.2% in a week (0% probabilities).
UUP(-13%) TBT(-13%) VIXM(-8%) UNG(-4%) VXX(-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 | -1.2% (StdDev 2.4%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 0% |
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