| SMH latest price $185.6500 (-1.27%) ($185.4900 - $185.6500) on Thu. Oct. 27, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.33% (three month average) |
| RSI | 46 |
| Latest Price | $185.6500(-1.27%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.1% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Normal 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 -1.165% in a week (0% probabilities).
TBT(-10%) UUP(-8%) UNG(-6%) VXX(-2%) VIXM(-1%) |
| 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 | -1.165% (StdDev 2.33%) |
| Hourly BBV | -1.8 () |
| Intraday Trend | 0% |
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