| SMH latest price $130.6450 (5.81%) ($127.0500 - $131.2400) on Wed. Apr. 22, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.75% (three month average) |
| RSI | 70 |
| Latest Price | $130.6450(5.81%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.5% a day on average for past five trading days. |
| Weekly Trend | SMH advances 4.8% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock 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 -2.375% in a week (0% probabilities).
VIXM(-35%) UUP(-21%) VXX(-16%) IGOV(-3%) TBT(-2%) |
| 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 | -2.375% (StdDev 4.75%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | 0% |
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