| SMH latest price $159.9800 (1.93%) ($159.9800 - $159.9800) on Mon. Jul. 17, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.54% (three month average) |
| RSI | 73 |
| Latest Price | $159.9800(1.93%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.2% 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 | Growth stock 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(88%) XLK(88%) FIVG(86%) BOTZ(85%) VUG(84%) |
| Factors Impacting SMH price | SMH will decline at least -3.27% in a week (0% probabilities).
VXX(-52%) VIXM(-44%) TBT(-24%) UUP(-20%) USO(0%) |
| 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 | -3.27% (StdDev 6.54%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 0% |
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