| SMH latest price $155.0000 (2.78%) ($155.0000 - $155.0000) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.63% (three month average) |
| RSI | 55 |
| Latest Price | $155.0000(2.78%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.7% a day on average for past five trading days. |
| Weekly Trend | SMH advances 0.8% 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)
FIVG(89%) QQQ(88%) XLK(88%) BOTZ(85%) IWF(85%) |
| Factors Impacting SMH price | SMH will decline at least -0.815% in a week (0% probabilities).
VXX(-54%) VIXM(-45%) TBT(-25%) UUP(-17%) USO(-5%) |
| 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 | -0.815% (StdDev 1.63%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
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