| SMH latest price $132.2000 (0.87%) ($130.8600 - $133.9490) on Fri. Apr. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 4.69% (three month average) |
| RSI | 66 |
| Latest Price | $132.2000(0.87%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.3% a day on average for past five trading days. |
| Weekly Trend | SMH advances 5.9% 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(69%) QQQ(68%) IVW(65%) IWF(65%) SPY(62%) |
| Factors Impacting SMH price | SMH will decline at least -2.345% in a week (0% probabilities).
VIXM(-35%) UUP(-21%) VXX(-16%) IGOV(-4%) TBT(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.345% (StdDev 4.69%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0% |
| | |
| |
|