| SMH latest price $174.2300 (0.6%) ($174.2300 - $174.2300) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.43% (three month average) |
| RSI | 72 |
| Latest Price | $174.2300(0.6%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.4% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3.1% 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(84%) SPY(75%) DIA(46%) IWN(36%) IVE(33%) |
| Factors Impacting SMH price | SMH will decline at least -0.715% in a week (0% probabilities).
VXX(-51%) VIXM(-40%) UUP(-11%) TLT(2%) XLE(5%) |
| 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 | -0.715% (StdDev 1.43%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | 0% |
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