| SMH latest price $88.9519 (-1.55%) ($88.9323 - $90.6983) on Fri. Dec. 14, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 52 |
Latest Price | $88.9519(-1.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.3% a day on average for past five trading days. |
Weekly Trend | SMH declines -1.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(74%) IWF(72%) IVW(71%) SPY(69%) XLK(69%) |
Factors Impacting SMH price | SMH will decline at least -1.07% in a week (0% probabilities). VXX(-17%) UUP(-16%) TLT(-9%) VIXM(-6%) DIA(-6%) |
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 | -1.07% (StdDev 2.14%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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