| SMH latest price $156.3000 (0.51%) ($156.3000 - $156.3000) on Thu. Aug. 31, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.6% (three month average) |
| RSI | 66 |
| Latest Price | $156.3000(0.51%) |
| 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 2% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal 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%) IWF(85%) |
| Factors Impacting SMH price | SMH will decline at least -0.8% in a week (0% probabilities).
VXX(-54%) VIXM(-45%) TBT(-29%) UUP(-17%) USO(-5%) |
| 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 | -0.8% (StdDev 1.6%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0% |
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