| SMH latest price $269.1500 (2.36%) ($269.1500 - $270.0300) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.64% (three month average) |
| RSI | 50 |
| Latest Price | $269.1500(2.36%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.9% a day on average for past five trading days. |
| Weekly Trend | SMH declines -0.9% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock 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(55%) SPY(55%) |
| Factors Impacting SMH price | SMH will decline at least -1.32% in a week (0% probabilities).
VIXM(-21%) UUP(-16%) TBT(-10%) VXX(-5%) 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 | -1.32% (StdDev 2.64%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 0% |
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