| SMH latest price $157.4700 (2.01%) ($156.6900 - $157.4700) on Thu. Jul. 27, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.55% (three month average) |
| RSI | 66 |
| Latest Price | $157.4700(2.01%) |
| 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 advances 0.6% 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)
QQQ(88%) XLK(88%) FIVG(86%) BOTZ(84%) VUG(84%) |
| Factors Impacting SMH price | SMH will decline at least -3.275% in a week (0% probabilities).
VXX(-52%) VIXM(-45%) TBT(-23%) UUP(-18%) 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 | -3.275% (StdDev 6.55%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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