| SMH latest price $242.6400 (-0.97%) ($242.6400 - $242.6400) on Mon. Mar. 6, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.08% (three month average) |
| RSI | 45 |
| Latest Price | $242.6400(-0.97%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.3% a day on average for past five trading days. |
| Weekly Trend | SMH declines -1.2% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(36%) IVW(31%) SPY(27%) FIVG(25%) XLK(23%) |
| Factors Impacting SMH price | SMH will decline at least -1.04% in a week (0% probabilities).
VIXM(-15%) USO(-13%) XLE(-7%) UUP(-7%) BLOK(-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 | -1.04% (StdDev 2.08%) |
| Hourly BBV | 0.2 () |
| Intraday Trend | 0% |
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