| SMH latest price $205.2200 (1.92%) ($205.2200 - $205.2200) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.67% (three month average) |
| RSI | 27 |
| Latest Price | $205.2200(1.92%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.5% a day on average for past five trading days. |
| Weekly Trend | SMH declines -3.5% a week on average for past two weeks. |
| Market Behavior | Value stock 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(40%) IVW(34%) FIVG(32%) SPY(31%) IWF(28%) |
| Factors Impacting SMH price | SMH will decline at least -1.335% in a week (0% probabilities).
EDOC(-15%) UNG(-12%) TBT(-10%) BND(-5%) USO(-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 | -1.335% (StdDev 2.67%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0% |
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