| SMH latest price $180.3200 (3.28%) ($180.3200 - $180.5300) on Thu. Jan. 18, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 55 |
Latest Price | $180.3200(3.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.9% a day on average for past five trading days. |
Weekly Trend | SMH advances 1.1% 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) QQQ(87%) IVW(84%) SPY(75%) IWO(55%) DIA(45%) |
Factors Impacting SMH price | SMH will decline at least -0.755% in a week (0% probabilities). VXX(-51%) VIXM(-36%) UUP(-15%) TLT(-4%) GDX(7%) |
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 | -0.755% (StdDev 1.51%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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