| SMH latest price $226.4000 (2.61%) ($223.7800 - $228.6500) on Wed. Mar. 6, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.81% (three month average) |
| RSI | 71 |
| Latest Price | $226.4000(2.61%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.8% a day on average for past five trading days. |
| Weekly Trend | SMH advances 5% 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(87%) IVW(82%) SPY(76%) IWO(65%) IWM(52%) |
| Factors Impacting SMH price | SMH will decline at least -0.905% in a week (0% probabilities).
VXX(-57%) VIXM(-43%) UUP(-24%) TLT(2%) XLE(16%) |
| 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 | -0.905% (StdDev 1.81%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 0% |
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