| SMH latest price $253.9500 (-2.1%) ($253.9500 - $253.9500) on Fri. Mar. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 60 |
Latest Price | $253.9500(-2.1%) |
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 advances 2.7% 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(34%) IVW(29%) SPY(26%) FIVG(24%) IPO(22%) |
Factors Impacting SMH price | SMH will decline at least -1.01% in a week (0% probabilities). VIXM(-14%) VXX(-13%) USO(-13%) BLOK(-9%) ARKK(-9%) |
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 | -1.01% (StdDev 2.02%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
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