| SMH latest price $220.7500 (-1.23%) ($220.7500 - $220.7500) on Mon. Dec. 5, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.72% (three month average) |
| RSI | 53 |
| Latest Price | $220.7500(-1.23%) |
| 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 0.6% 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(43%) IVW(38%) FIVG(36%) SPY(35%) IWF(31%) |
| Factors Impacting SMH price | SMH will decline at least -1.36% in a week (0% probabilities).
TBT(-9%) UNG(-8%) BND(-4%) VXX(-2%) USO(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.36% (StdDev 2.72%) |
| Hourly BBV | -1.3 () |
| Intraday Trend | 0% |
| | |
| |
|