| SMH latest price $162.3750 (-1.49%) ($162.3750 - $162.3750) on Tue. Nov. 21, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.51% (three month average) |
| RSI | 89 |
| Latest Price | $162.3750(-1.49%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.2% a day on average for past five trading days. |
| Weekly Trend | SMH advances 4.8% a week on average for past two weeks. |
| Market Behavior | Value stocks 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)
IVW(83%) SPY(73%) DIA(34%) IWN(33%) IWO(54%) |
| Factors Impacting SMH price | SMH will decline at least -0.755% in a week (0% probabilities).
VXX(-44%) VIXM(-31%) UUP(-14%) XLE(0%) TLT(6%) |
| 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 | -0.755% (StdDev 1.51%) |
| Hourly BBV | -0.5 () |
| Intraday Trend | 0% |
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