| SMH latest price $158.5950 (-1.18%) ($158.5950 - $158.5950) on Wed. Jul. 19, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.54% (three month average) |
| RSI | 68 |
| Latest Price | $158.5950(-1.18%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.5% 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 | Value stock rally for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
XLK(89%) QQQ(88%) FIVG(86%) BOTZ(85%) IWF(84%) |
| Factors Impacting SMH price | SMH will decline at least -3.27% in a week (0% probabilities).
VXX(-52%) VIXM(-44%) TBT(-25%) 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 | -0.4 () |
| Intraday Trend | 0% |
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