| SMH latest price $247.2800 (1.32%) ($247.2800 - $247.2800) on Mon. Feb. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 61 |
Latest Price | $247.2800(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.2% a day on average for past five trading days. |
Weekly Trend | SMH advances 2.1% 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(37%) IVW(31%) FIVG(28%) SPY(28%) XLK(26%) |
Factors Impacting SMH price | SMH will decline at least -1.075% in a week (0% probabilities). VIXM(-17%) USO(-12%) UUP(-7%) TBT(-6%) ACES(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.075% (StdDev 2.15%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
| |
|
|