| SMH latest price $239.4650 (-1.69%) ($239.4650 - $239.4650) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.61% (three month average) |
| RSI | 68 |
| Latest Price | $239.4650(-1.69%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.2% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3.3% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(52%) FIVG(49%) IVW(48%) SPY(46%) IWF(45%) |
| Factors Impacting SMH price | SMH will decline at least -1.305% in a week (0% probabilities).
UUP(-13%) TBT(-13%) VIXM(-8%) VXX(-3%) UNG(-3%) |
| 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 | -1.305% (StdDev 2.61%) |
| Hourly BBV | -1.3 () |
| Intraday Trend | 0% |
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