| SMH latest price $151.3950 (0.39%) ($151.3950 - $151.3950) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.54% (three month average) |
| RSI | 61 |
| Latest Price | $151.3950(0.39%) |
| 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 2.8% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
ONLN(96%) QQQ(87%) SIL(86%) IVW(83%) CEMB(80%) |
| Factors Impacting SMH price | SMH will decline at least -0.77% in a week (0% probabilities).
VXX(-47%) VIXM(-35%) TBT(-26%) URA(-20%) UUP(-15%) |
| 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 | -0.77% (StdDev 1.54%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0% |
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