| SMH latest price $263.9900 (3.04%) ($263.9900 - $263.9900) on Mon. Aug. 23, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.28% (three month average) |
| RSI | 45 |
| Latest Price | $263.9900(3.04%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.2% a day on average for past five trading days. |
| Weekly Trend | SMH declines -2.2% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally 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 -0.64% in a week (0% probabilities).
VIXM(-29%) UUP(-18%) VXX(-10%) TBT(-5%) UNG(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 | -0.64% (StdDev 1.28%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 0% |
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