| SMH latest price $121.7800 (1.27%) ($120.1100 - $121.8500) on Wed. Sep. 11, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.77% (three month average) |
| RSI | 64 |
| Latest Price | $121.7800(1.27%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3.8% 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(74%) QQQ(73%) IVW(71%) IWF(71%) SPY(68%) |
| Factors Impacting SMH price | SMH will decline at least -0.885% in a week (0% probabilities).
VIXM(-46%) VXX(-22%) UUP(-10%) TLT(-6%) IGOV(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.885% (StdDev 1.77%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.9% |
| | |
| |
|