| SMH latest price $223.7900 (1.01%) ($223.7900 - $223.7900) on Wed. Nov. 23, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.75% (three month average) |
| RSI | 78 |
| Latest Price | $223.7900(1.01%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.5% a day on average for past five trading days. |
| Weekly Trend | SMH advances 6.3% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(43%) FIVG(37%) IVW(37%) SPY(34%) IWF(32%) |
| Factors Impacting SMH price | SMH will decline at least -1.375% in a week (0% probabilities).
TBT(-9%) UNG(-8%) EDOC(-3%) BND(-3%) VXX(-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 | -1.375% (StdDev 2.75%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0% |
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