| SMH latest price $217.7050 (2.74%) ($217.7050 - $217.7050) on Fri. Apr. 26, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.03% (three month average) |
| RSI | 44 |
| Latest Price | $217.7050(2.74%) |
| 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 declines -3% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
IVW(89%) QQQ(88%) SPY(83%) IWO(76%) IWM(56%) |
| Factors Impacting SMH price | SMH will decline at least -1.015% in a week (0% probabilities).
VXX(-59%) VIXM(-37%) JETS(-36%) TLT(-28%) XLE(-22%) |
| 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 | -1.015% (StdDev 2.03%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 0% |
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