| SMH latest price $47.7127 (4.1%) ($46.2733 - $47.7895) on Fri. Jan. 29, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.52% (three month average) |
| RSI | 54 |
| Latest Price | $47.7127(4.1%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.4% 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 | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(75%) IVW(73%) IWF(73%) XLK(72%) SPY(70%) |
| Factors Impacting SMH price | SMH will decline at least -0.76% in a week (0% probabilities).
VIXM(-17%) UUP(-13%) TLT(-11%) IPO(-5%) IGOV(-4%) |
| 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 | -0.76% (StdDev 1.52%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.3% |
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