| SMH latest price $157.2300 (3.97%) ($157.2300 - $157.2300) on Fri. Nov. 10, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.6% (three month average) |
| RSI | 73 |
| Latest Price | $157.2300(3.97%) |
| 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 4.4% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
BOTZ(99%) VUG(99%) DRIV(98%) EWJ(96%) EWY(92%) |
| Factors Impacting SMH price | SMH will decline at least -0.8% in a week (0% probabilities).
VXX(-50%) IGOV(-42%) VIXM(-37%) BLOK(-34%) UUP(-15%) |
| 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 | 1.9 () |
| Intraday Trend | 0% |
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