| SMH latest price $64.0648 (-0.09%) ($63.8227 - $64.3719) on Fri. Sep. 2, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 66 |
Latest Price | $64.0648(-0.09%) |
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 0.9% 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(71%) SPY(70%) |
Factors Impacting SMH price | SMH will decline at least -0.665% in a week (0% probabilities). VIXM(-15%) UUP(-13%) TLT(-9%) IPO(-8%) IBUY(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.665% (StdDev 1.33%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|