| SMH latest price $261.7300 (-0.51%) ($261.7300 - $261.7300) on Mon. Apr. 3, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.98% (three month average) |
| RSI | 68 |
| Latest Price | $261.7300(-0.51%) |
| 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 2.1% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(34%) IVW(29%) SPY(26%) FIVG(23%) IPO(22%) |
| Factors Impacting SMH price | SMH will decline at least -0.99% in a week (0% probabilities).
VIXM(-14%) USO(-14%) VXX(-13%) BLOK(-11%) ARKK(-10%) |
| 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 | -0.99% (StdDev 1.98%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0% |
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