| SMH latest price $174.6000 (-0.49%) ($174.6000 - $174.9100) on Wed. Jan. 17, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.5% (three month average) |
| RSI | 46 |
| Latest Price | $174.6000(-0.49%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.3% a day on average for past five trading days. |
| Weekly Trend | SMH advances 0.1% a week on average for past two weeks. |
| Market Behavior | Broad based 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)
QQQ(86%) IVW(83%) SPY(73%) IWO(54%) IWM(42%) |
| Factors Impacting SMH price | SMH will decline at least -0.75% in a week (0% probabilities).
VXX(-47%) VIXM(-32%) UUP(-18%) XLE(-3%) TLT(1%) |
| 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 | -0.75% (StdDev 1.5%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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