| SMH latest price $165.9400 (4.09%) ($162.8410 - $166.0100) on Mon. Jul. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 69 |
Latest Price | $165.9400(4.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.3% a day on average for past five trading days. |
Weekly Trend | SMH advances 1.3% a week on average for past two weeks. |
Market Behavior | Growth stock 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(68%) QQQ(67%) IVW(64%) IWF(64%) SPY(61%) |
Factors Impacting SMH price | SMH will decline at least -1.045% in a week (0% probabilities). VIXM(-32%) UUP(-20%) VXX(-13%) IGOV(-7%) TBT(-5%) |
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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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