| SMH latest price $101.6775 (2.7%) ($100.1861 - $101.7168) on Thu. Jul. 5, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 31 |
Latest Price | $101.6775(2.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.5% a day on average for past five trading days. |
Weekly Trend | SMH declines -3% 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(74%) IVW(72%) IWF(72%) XLK(70%) SPY(69%) |
Factors Impacting SMH price | SMH will decline at least -0.715% in a week (0% probabilities). VXX(-18%) UUP(-16%) VIXM(-9%) TLT(-9%) IPO(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.715% (StdDev 1.43%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
| |
|
|