| SMH latest price $218.6800 (0.86%) ($218.6800 - $218.6800) on Tue. Jan. 10, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.6% (three month average) |
| RSI | 59 |
| Latest Price | $218.6800(0.86%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.7% a day on average for past five trading days. |
| Weekly Trend | SMH advances 1.3% 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(40%) IVW(34%) FIVG(32%) SPY(31%) XLK(30%) |
| Factors Impacting SMH price | SMH will decline at least -1.3% in a week (0% probabilities).
VIXM(-18%) EDOC(-16%) USO(-11%) UUP(-10%) TBT(-7%) |
| 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 | -1.3% (StdDev 2.6%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | 0% |
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