| SMH latest price $62.0112 (0.67%) ($61.9057 - $62.1648) on Tue. Aug. 9, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.46% (three month average) |
| RSI | 69 |
| Latest Price | $62.0112(0.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SMH advances 1.1% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(75%) IVW(73%) IWF(73%) XLK(71%) SPY(70%) |
| Factors Impacting SMH price | SMH will decline at least -0.73% in a week (0% probabilities).
VIXM(-15%) UUP(-14%) TLT(-9%) IPO(-8%) 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 | -0.73% (StdDev 1.46%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.2% |
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