| SMH latest price $123.3100 (2.66%) ($120.7000 - $123.5600) on Wed. Jul. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 82 |
Latest Price | $123.3100(2.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 1.5% a day on average for past five trading days. |
Weekly Trend | SMH advances 3.7% 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) FIVG(75%) QQQ(73%) IVW(71%) IWF(71%) SPY(68%) |
Factors Impacting SMH price | SMH will decline at least -0.865% in a week (0% probabilities). VIXM(-47%) VXX(-23%) UUP(-10%) TLT(-7%) IFRA(-5%) |
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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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