| SMH latest price $156.2600 (-0.03%) ($156.2600 - $156.2600) on Fri. Sep. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.58% (three month average) |
| RSI | 59 |
| Latest Price | $156.2600(-0.03%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.9% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.5% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
FIVG(91%) QQQ(88%) XLK(88%) BOTZ(86%) VUG(86%) |
| Factors Impacting SMH price | SMH will decline at least -0.79% in a week (0% probabilities).
VXX(-54%) VIXM(-45%) TBT(-30%) UUP(-17%) USO(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.79% (StdDev 1.58%) |
| Hourly BBV | 0.5 () |
| Intraday Trend | 0% |
| | |
| |
|