| SMH latest price $236.0150 (0.53%) ($236.0150 - $236.0150) on Wed. May. 22, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.86% (three month average) |
| RSI | 84 |
| Latest Price | $236.0150(0.53%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.2% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3.4% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(79%) IVW(78%) SPY(62%) IWO(46%) IWM(32%) |
| Factors Impacting SMH price | SMH will decline at least -0.93% in a week (0% probabilities).
UUP(-28%) VXX(-23%) XLE(-20%) IVE(-13%) DIA(-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 | -0.93% (StdDev 1.86%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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