| SMH latest price $154.4400 (2.15%) ($152.8950 - $154.4400) on Wed. Jul. 12, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.52% (three month average) |
| RSI | 60 |
| Latest Price | $154.4400(2.15%) |
| 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 advances 0.6% 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(89%) XLK(87%) FIVG(85%) BOTZ(84%) IVW(84%) |
| Factors Impacting SMH price | SMH will decline at least -3.26% in a week (0% probabilities).
VIXM(-48%) VXX(-26%) TBT(-26%) UUP(-15%) USO(-1%) |
| 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 | -3.26% (StdDev 6.52%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
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