| SMH latest price $146.1450 (-0.23%) ($146.1450 - $146.1450) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.4% (three month average) |
| RSI | 80 |
| Latest Price | $146.1450(-0.23%) |
| 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 7.3% 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)
XLK(88%) QQQ(87%) FIVG(84%) IVW(81%) VUG(80%) |
| Factors Impacting SMH price | SMH will decline at least -3.2% in a week (0% probabilities).
VXX(-49%) VIXM(-42%) TBT(-20%) UUP(-18%) BLOK(-10%) |
| 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 | -3.2% (StdDev 6.4%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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