| SMH latest price $133.7600 (-3.79%) ($133.5000 - $138.1000) on Thu. Apr. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 62 |
Latest Price | $133.7600(-3.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.7% a day on average for past five trading days. |
Weekly Trend | SMH advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -2.39% in a week (0% probabilities). VIXM(-35%) UUP(-21%) VXX(-15%) IGOV(-4%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.39% (StdDev 4.78%) |
Hourly BBV | -1 () |
Intraday Trend | 0% |
| |
|
|