| SMH latest price $301.0200 (0.91%) ($301.0200 - $301.0200) on Fri. Nov. 12, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.4% (three month average) |
| RSI | 81 |
| Latest Price | $301.0200(0.91%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.3% a day on average for past five trading days. |
| Weekly Trend | SMH advances 5.1% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
FIVG(63%) QQQ(63%) IVW(60%) IWF(59%) SPY(57%) |
| Factors Impacting SMH price | SMH will decline at least -0.7% in a week (0% probabilities).
VIXM(-28%) UUP(-18%) 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 | -0.7% (StdDev 1.4%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0% |
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