| SMH latest price $195.5300 (2.68%) ($195.5300 - $195.5300) on Mon. Nov. 7, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.46% (three month average) |
| RSI | 70 |
| Latest Price | $195.5300(2.68%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SMH advances 1.8% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(47%) IVW(42%) FIVG(41%) SPY(39%) IWF(37%) |
| Factors Impacting SMH price | SMH will decline at least -1.23% in a week (0% probabilities).
TBT(-12%) UUP(-8%) UNG(-6%) VXX(-2%) VIXM(-1%) |
| 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 | -1.23% (StdDev 2.46%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 0% |
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