| SMH latest price $178.8200 (0.93%) ($175.5500 - $178.8200) on Wed. Oct. 19, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.39% (three month average) |
| RSI | 44 |
| Latest Price | $178.8200(0.93%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.4% a day on average for past five trading days. |
| Weekly Trend | SMH declines -4.3% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(48%) FIVG(43%) IVW(43%) SPY(41%) IWF(39%) |
| Factors Impacting SMH price | SMH will decline at least -1.195% in a week (0% probabilities).
TBT(-11%) UUP(-9%) UNG(-6%) VXX(-2%) VIXM(-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 | -1.195% (StdDev 2.39%) |
| Hourly BBV | 0.4 () |
| Intraday Trend | 0% |
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