| SMH latest price $173.8150 (0.23%) ($173.8150 - $173.8150) on Tue. Dec. 19, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.42% (three month average) |
| RSI | 72 |
| Latest Price | $173.8150(0.23%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.7% a day on average for past five trading days. |
| Weekly Trend | SMH advances 4.1% 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%) QQQ(88%) XBI(34%) TAN(27%) XLE(5%) |
| Factors Impacting SMH price | SMH will decline at least -0.71% in a week (0% probabilities).
IVE(34%) IVW(84%) IWN(36%) IWO(58%) JETS(28%) |
| 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 | -0.71% (StdDev 1.42%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0% |
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