| SMH latest price $198.6750 (-2.17%) ($198.6750 - $198.6750) on Tue. Feb. 13, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.49% (three month average) |
| RSI | 58 |
| Latest Price | $198.6750(-2.17%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.8% 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(89%) IVW(86%) SPY(78%) IWO(60%) IWM(47%) |
| Factors Impacting SMH price | SMH will decline at least -0.745% in a week (0% probabilities).
VXX(-54%) VIXM(-37%) UUP(-21%) TLT(2%) XLE(11%) |
| 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 | -0.745% (StdDev 1.49%) |
| Hourly BBV | -1.6 () |
| Intraday Trend | 0% |
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