| SMH latest price $148.8550 (-2.42%) ($148.5950 - $148.8550) on Thu. Aug. 24, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.03% (three month average) |
| RSI | 42 |
| Latest Price | $148.8550(-2.42%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.4% a day on average for past five trading days. |
| Weekly Trend | SMH declines -0.9% 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)
FIVG(90%) QQQ(88%) XLK(88%) BOTZ(86%) VUG(86%) |
| Factors Impacting SMH price | SMH will decline at least -1.015% in a week (0% probabilities).
VXX(-54%) VIXM(-45%) TBT(-27%) UUP(-18%) 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 | -1.015% (StdDev 2.03%) |
| Hourly BBV | -1.3 () |
| Intraday Trend | 0% |
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