| SMH latest price $227.6300 (3.18%) ($227.6300 - $227.6700) on Tue. Mar. 12, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.96% (three month average) |
| RSI | 74 |
| Latest Price | $227.6300(3.18%) |
| 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 4.6% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(87%) IVW(83%) SPY(76%) IWO(65%) IWM(51%) |
| Factors Impacting SMH price | SMH will decline at least -0.98% in a week (0% probabilities).
VXX(-60%) VIXM(-45%) UUP(-23%) TLT(-1%) GLD(9%) |
| 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 | -0.98% (StdDev 1.96%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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