| SMH latest price $210.1500 (6.98%) ($210.1500 - $210.1500) on Thu. Feb. 22, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.72% (three month average) |
| RSI | 73 |
| Latest Price | $210.1500(6.98%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.7% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.2% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(89%) IVW(86%) SPY(79%) IWO(64%) IWM(51%) |
| Factors Impacting SMH price | SMH will decline at least -0.86% in a week (0% probabilities).
VXX(-56%) VIXM(-39%) UUP(-24%) TLT(8%) GLD(14%) |
| 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 | -0.86% (StdDev 1.72%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 0% |
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