| SMH latest price $227.4900 (-0.16%) ($227.4900 - $227.4900) on Mon. Mar. 25, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.95% (three month average) |
| RSI | 56 |
| Latest Price | $227.4900(-0.16%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.8% a day on average for past five trading days. |
| Weekly Trend | SMH declines -0.2% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(84%) IVW(82%) SPY(70%) IWO(56%) IWM(42%) |
| Factors Impacting SMH price | SMH will decline at least -0.975% in a week (0% probabilities).
VXX(-49%) VIXM(-30%) UUP(-19%) XLE(0%) TLT(2%) |
| 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 | -0.975% (StdDev 1.95%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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