| SMH latest price $189.9400 (1.66%) ($189.9400 - $189.9400) on Tue. Oct. 25, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.4% (three month average) |
| RSI | 38 |
| Latest Price | $189.9400(1.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.4% a day on average for past five trading days. |
| Weekly Trend | SMH declines -1.1% 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(47%) IVW(43%) FIVG(41%) SPY(40%) IWF(38%) |
| Factors Impacting SMH price | SMH will decline at least -1.2% in a week (0% probabilities).
TBT(-10%) UUP(-8%) UNG(-7%) VXX(-2%) VIXM(-0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.2% (StdDev 2.4%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0% |
| | |
| |
|