| SMH latest price $173.4000 (0.57%) ($173.4000 - $173.4000) on Thu. Jan. 11, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.54% (three month average) |
| RSI | 59 |
| Latest Price | $173.4000(0.57%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1% a day on average for past five trading days. |
| Weekly Trend | SMH declines -0.6% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(87%) IVW(83%) SPY(73%) IWO(55%) IWM(43%) |
| Factors Impacting SMH price | SMH will decline at least -0.77% in a week (0% probabilities).
VXX(-46%) VIXM(-31%) UUP(-22%) XLE(-5%) TLT(2%) |
| 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 | -0.77% (StdDev 1.54%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0% |
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