| SMH latest price $126.1400 (0.13%) ($126.1400 - $126.1400) on Tue. May. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 6.41% (three month average) |
| RSI | 12 |
| Latest Price | $126.1400(0.13%) |
| 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 -29% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
XLK(88%) QQQ(86%) FIVG(85%) IVW(80%) IWF(80%) |
| Factors Impacting SMH price | SMH will decline at least -3.205% in a week (0% probabilities).
VXX(-49%) VIXM(-41%) UUP(-18%) TBT(-17%) BLOK(-7%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -3.205% (StdDev 6.41%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0% |
| | |
| |
|