| SMH latest price $187.2200 (3.83%) ($181.4200 - $187.2200) on Fri. Jan. 19, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.57% (three month average) |
| RSI | 62 |
| Latest Price | $187.2200(3.83%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.6% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.6% 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(88%) IVW(84%) SPY(75%) IWO(56%) DIA(45%) |
| Factors Impacting SMH price | SMH will decline at least -0.785% 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 | -0.785% (StdDev 1.57%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
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