| SMH latest price $245.0250 (1.37%) ($245.0250 - $245.0250) on Fri. Mar. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 51 |
Latest Price | $245.0250(1.37%) |
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 declines -1.4% 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(37%) IVW(32%) SPY(28%) FIVG(26%) XLK(24%) |
Factors Impacting SMH price | SMH will decline at least -1.04% in a week (0% probabilities). VIXM(-15%) EDOC(-15%) USO(-13%) XLE(-7%) UUP(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.04% (StdDev 2.08%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
| |
|
|