| SMH latest price $268.5100 (3.42%) ($268.5100 - $268.5100) on Wed. Mar. 2, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.47% (three month average) |
| RSI | 39 |
| Latest Price | $268.5100(3.42%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.8% a day on average for past five trading days. |
| Weekly Trend | SMH declines -1.7% 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(61%) FIVG(59%) IVW(58%) IWF(56%) SPY(55%) |
| Factors Impacting SMH price | SMH will decline at least -1.235% in a week (0% probabilities).
VIXM(-22%) UUP(-17%) TBT(-8%) VXX(-6%) UNG(-2%) |
| 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 | -1.235% (StdDev 2.47%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0% |
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