| SMH latest price $250.0400 (5.77%) ($250.0400 - $250.0400) on Wed. Feb. 1, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.59% (three month average) |
| RSI | 75 |
| Latest Price | $250.0400(5.77%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.2% a day on average for past five trading days. |
| Weekly Trend | SMH advances 3.4% 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(39%) IVW(33%) FIVG(30%) SPY(30%) XLK(29%) |
| Factors Impacting SMH price | SMH will decline at least -1.295% in a week (0% probabilities).
VIXM(-17%) USO(-12%) UUP(-9%) TBT(-7%) VXX(-5%) |
| 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 | -1.295% (StdDev 2.59%) |
| Hourly BBV | 3 () |
| Intraday Trend | 0% |
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