| SMH latest price $216.5200 (-1.92%) ($216.5200 - $216.5200) on Tue. Dec. 6, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.73% (three month average) |
| RSI | 42 |
| Latest Price | $216.5200(-1.92%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SMH advances 0.7% 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(37%) FIVG(36%) SPY(34%) IWF(31%) |
| Factors Impacting SMH price | SMH will decline at least -1.365% 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. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -1.365% (StdDev 2.73%) |
| Hourly BBV | -2 () |
| Intraday Trend | 0% |
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