| SMH latest price $175.7400 (-0.02%) ($175.7400 - $175.7400) on Wed. Dec. 27, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.45% (three month average) |
| RSI | 83 |
| Latest Price | $175.7400(-0.02%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.2% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.9% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(88%) IVW(84%) SPY(75%) IWO(58%) IWM(47%) |
| Factors Impacting SMH price | SMH will decline at least -0.725% in a week (0% probabilities).
VXX(-51%) VIXM(-39%) UUP(-9%) TLT(1%) XLE(2%) |
| 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 | -0.725% (StdDev 1.45%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | 0% |
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