| SMH latest price $252.0900 (-0.63%) ($252.0100 - $252.0900) on Wed. Mar. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 60 |
Latest Price | $252.0900(-0.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.8% a day on average for past five trading days. |
Weekly Trend | SMH advances 2% 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(35%) IVW(29%) SPY(26%) FIVG(24%) XLK(23%) |
Factors Impacting SMH price | SMH will decline at least -0.99% in a week (0% probabilities). VXX(-14%) VIXM(-14%) USO(-14%) ARKK(-9%) BLOK(-8%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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