| SMH latest price $169.9050 (1.1%) ($169.9050 - $169.9050) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.47% (three month average) |
| RSI | 65 |
| Latest Price | $169.9050(1.1%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.5% a day on average for past five trading days. |
| Weekly Trend | SMH advances 1.4% 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)
SPY(76%) TAN(25%) QQQ(88%) TLT(-2%) UUP(-9%) |
| Factors Impacting SMH price | SMH will decline at least -0.735% in a week (0% probabilities).
IVE(32%) IVW(83%) IWN(35%) IWM(46%) IWO(56%) |
| 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 | -0.735% (StdDev 1.47%) |
| Hourly BBV | 1.9 () |
| Intraday Trend | 0% |
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