| SMH latest price $248.8000 (3.22%) ($248.8000 - $248.8500) on Thu. Jun. 2, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.91% (three month average) |
| RSI | 68 |
| Latest Price | $248.8000(3.22%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.7% a day on average for past five trading days. |
| Weekly Trend | SMH advances 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(56%) FIVG(53%) IVW(52%) IWF(50%) SPY(50%) |
| Factors Impacting SMH price | SMH will decline at least -1.455% in a week (0% probabilities).
UUP(-15%) VIXM(-13%) TBT(-10%) VXX(-4%) 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 | -1.455% (StdDev 2.91%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
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