| SMH latest price $213.0300 (-0.04%) ($212.9400 - $213.0300) on Thu. Dec. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 83 |
Latest Price | $213.0300(-0.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.9% a day on average for past five trading days. |
Weekly Trend | SMH advances 3.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) FIVG(66%) QQQ(65%) IVW(62%) IWF(62%) SPY(59%) |
Factors Impacting SMH price | SMH will decline at least -0.9% in a week (0% probabilities). VIXM(-32%) UUP(-20%) VXX(-13%) TBT(-5%) UNG(1%) |
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 | -0.9% (StdDev 1.8%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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