| SMH latest price $140.4900 (8.64%) ($140.4900 - $140.4900) on Thu. May. 25, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.41% (three month average) |
| RSI | 75 |
| Latest Price | $140.4900(8.64%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3.9% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(87%) FIVG(84%) IVW(81%) VUG(81%) |
| Factors Impacting SMH price | SMH will decline at least -3.205% in a week (0% probabilities).
VXX(-50%) VIXM(-42%) TBT(-18%) UUP(-17%) BLOK(-8%) |
| 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 | -3.205% (StdDev 6.41%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
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