| SMH latest price $249.2400 (-1.26%) ($249.2400 - $249.2400) on Fri. Feb. 3, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.56% (three month average) |
| RSI | 70 |
| Latest Price | $249.2400(-1.26%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.8% a day on average for past five trading days. |
| Weekly Trend | SMH advances 4.1% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(38%) IVW(33%) FIVG(30%) SPY(29%) XLK(28%) |
| Factors Impacting SMH price | SMH will decline at least -1.28% in a week (0% probabilities).
VIXM(-17%) USO(-12%) UUP(-9%) TBT(-7%) VXX(-5%) |
| 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 | -1.28% (StdDev 2.56%) |
| Hourly BBV | -0.1 () |
| Intraday Trend | 0% |
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