| SMH latest price $142.4500 (2.49%) ($142.4500 - $142.5700) on Wed. Nov. 1, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.56% (three month average) |
| RSI | 30 |
| Latest Price | $142.4500(2.49%) |
| 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 declines -3.3% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
FIVG(95%) QQQ(88%) XLK(88%) EEM(87%) BOTZ(86%) |
| Factors Impacting SMH price | SMH will decline at least -0.78% in a week (0% probabilities).
VXX(-50%) VIXM(-38%) TBT(-29%) UUP(-15%) BLOK(-2%) |
| 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 | -0.78% (StdDev 1.56%) |
| Hourly BBV | 2.1 () |
| Intraday Trend | 0% |
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