| SMH latest price $90.8200 (1.03%) ($88.9600 - $90.9000) on Thu. Jan. 10, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.5% (three month average) |
| RSI | 60 |
| Latest Price | $90.8200(1.03%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.9% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.8% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(73%) IVW(71%) IWF(71%) SPY(69%) XLK(69%) |
| Factors Impacting SMH price | SMH will decline at least -1.25% in a week (0% probabilities).
VXX(-17%) UUP(-17%) TLT(-9%) DIA(-7%) XHB(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.25% (StdDev 2.5%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.7% |
| | |
| |
|