| SMH latest price $301.2100 (1.64%) ($301.2100 - $301.2100) on Mon. Nov. 8, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.35% (three month average) |
| RSI | 86 |
| Latest Price | $301.2100(1.64%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.7% a day on average for past five trading days. |
| Weekly Trend | SMH advances 4.4% 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(63%) QQQ(63%) IVW(61%) IWF(59%) SPY(58%) |
| Factors Impacting SMH price | SMH will decline at least -0.675% in a week (0% probabilities).
VIXM(-27%) UUP(-17%) VXX(-9%) TBT(-6%) IGOV(-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 | -0.675% (StdDev 1.35%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0% |
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