| SMH latest price $306.4100 (2.01%) ($306.4100 - $306.5950) on Fri. Jan. 14, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.77% (three month average) |
| RSI | 41 |
| Latest Price | $306.4100(2.01%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SMH declines -1.6% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(63%) FIVG(61%) IVW(60%) IWF(58%) SPY(57%) |
| Factors Impacting SMH price | SMH will decline at least -0.885% in a week (0% probabilities).
VIXM(-25%) UUP(-17%) VXX(-8%) TBT(-7%) 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 | -0.885% (StdDev 1.77%) |
| Hourly BBV | 0.1 () |
| Intraday Trend | 0% |
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