| SMH latest price $260.8900 (5.03%) ($260.8900 - $260.8900) on Wed. Mar. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 47 |
Latest Price | $260.8900(5.03%) |
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 declines -3.2% 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(60%) FIVG(59%) IVW(57%) IWF(56%) SPY(55%) |
Factors Impacting SMH price | SMH will decline at least -1.315% in a week (0% probabilities). VIXM(-21%) UUP(-17%) TBT(-10%) 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 | -1.315% (StdDev 2.63%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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