| SMH latest price $144.8900 (2.36%) ($144.8900 - $144.8900) on Thu. Jan. 2, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.23% (three month average) |
| RSI | 76 |
| Latest Price | $144.8900(2.36%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.4% a day on average for past five trading days. |
| Weekly Trend | SMH advances 0.9% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Normal 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 -0.615% in a week (0% probabilities).
VIXM(-45%) VXX(-21%) UUP(-11%) TLT(-6%) IGOV(-3%) |
| 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 | -0.615% (StdDev 1.23%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 0% |
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