| SMH latest price $226.5500 (2.49%) ($226.5500 - $226.5500) on Thu. Mar. 21, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.96% (three month average) |
| RSI | 55 |
| Latest Price | $226.5500(2.49%) |
| 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 declines -1.1% a week on average for past two weeks. |
| Market Behavior | Normal 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(77%) IWO(64%) IWM(50%) |
| Factors Impacting SMH price | SMH will decline at least -0.98% in a week (0% probabilities).
VXX(-65%) VIXM(-49%) UUP(-16%) 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 | 1 () |
| Intraday Trend | 0% |
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