| SMH latest price $207.5500 (4.64%) ($203.0200 - $207.5500) on Thu. Jul. 7, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.9% (three month average) |
| RSI | 42 |
| Latest Price | $207.5500(4.64%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SMH declines -2.3% 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(53%) FIVG(50%) IVW(49%) SPY(47%) IWF(46%) |
| Factors Impacting SMH price | SMH will decline at least -1.45% in a week (0% probabilities).
UUP(-14%) TBT(-11%) VIXM(-9%) VXX(-3%) 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 | -1.45% (StdDev 2.9%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 0% |
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