| SMH latest price $104.3168 (-2.03%) ($103.6889 - $105.8425) on Wed. Jan. 24, 2018. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.22% (three month average) |
| RSI | 68 |
| Latest Price | $104.3168(-2.03%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.3% a week on average for past two weeks. |
| Market Behavior | Rotation from growth to value 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(75%) IWF(73%) IVW(72%) XLK(71%) SPY(70%) |
| Factors Impacting SMH price | SMH will decline at least -0.61% in a week (0% probabilities).
UUP(-16%) VIXM(-13%) TLT(-9%) IGOV(-4%) SHY(-2%) |
| 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 | -0.61% (StdDev 1.22%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1% |
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