| SMH latest price $172.5600 (3.29%) ($168.0300 - $173.0000) on Wed. Aug. 12, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.87% (three month average) |
| RSI | 67 |
| Latest Price | $172.5600(3.29%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.1% 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(67%) QQQ(67%) IVW(64%) IWF(63%) SPY(61%) |
| Factors Impacting SMH price | SMH will decline at least -0.935% in a week (0% probabilities).
VIXM(-32%) UUP(-20%) VXX(-13%) TBT(-5%) IYT(-0%) |
| 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 | -0.935% (StdDev 1.87%) |
| Hourly BBV | 1.9 () |
| Intraday Trend | 0% |
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