| SMH latest price $123.2900 (9.92%) ($117.2200 - $123.8100) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.58% (three month average) |
| RSI | 59 |
| Latest Price | $123.2900(9.92%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SMH advances 4.9% 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(70%) QQQ(69%) IVW(66%) IWF(66%) SPY(63%) |
| Factors Impacting SMH price | SMH will decline at least -2.29% in a week (0% probabilities).
VIXM(-37%) UUP(-21%) VXX(-16%) IGOV(-4%) TBT(-1%) |
| 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 | -2.29% (StdDev 4.58%) |
| Hourly BBV | 1.9 () |
| Intraday Trend | 0% |
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