| SMH latest price $251.6000 (-1.91%) ($251.6000 - $251.6000) on Tue. Jul. 27, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.55% (three month average) |
| RSI | 46 |
| Latest Price | $251.6000(-1.91%) |
| 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 declines -0.3% a week on average for past two weeks. |
| Market Behavior | Growth stock 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)
QQQ(64%) FIVG(63%) IVW(61%) IWF(60%) SPY(58%) |
| Factors Impacting SMH price | SMH will decline at least -0.775% in a week (0% probabilities).
VIXM(-29%) UUP(-18%) VXX(-10%) TBT(-5%) UNG(1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.775% (StdDev 1.55%) |
| Hourly BBV | -1 () |
| Intraday Trend | 0% |
| | |
| |
|