| SMH latest price $162.4600 (0.8%) ($162.4600 - $162.4600) on Fri. Dec. 8, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.44% (three month average) |
| RSI | 49 |
| Latest Price | $162.4600(0.8%) |
| 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 declines -0.9% 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)
IVW(83%) SPY(73%) DIA(34%) IWN(31%) IWO(55%) |
| Factors Impacting SMH price | SMH will decline at least -0.72% in a week (0% probabilities).
VXX(-47%) VIXM(-35%) UUP(-12%) XLE(-1%) TLT(3%) |
| 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 | -0.72% (StdDev 1.44%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0% |
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