| SMH latest price $151.0400 (3.45%) ($151.0400 - $151.2150) on Mon. Aug. 21, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2% (three month average) |
| RSI | 34 |
| Latest Price | $151.0400(3.45%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SMH declines -2.6% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
FIVG(89%) QQQ(88%) XLK(88%) VUG(86%) BOTZ(85%) |
| Factors Impacting SMH price | SMH will decline at least -1% in a week (0% probabilities).
VXX(-54%) VIXM(-45%) TBT(-26%) UUP(-17%) USO(-3%) |
| 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 | -1% (StdDev 2%) |
| Hourly BBV | 2.2 () |
| Intraday Trend | 0% |
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