| SMH latest price $175.8650 (0.07%) ($175.8650 - $175.8650) on Thu. Dec. 28, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.44% (three month average) |
| RSI | 80 |
| Latest Price | $175.8650(0.07%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.8% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.6% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(88%) IVW(84%) SPY(74%) IWO(57%) IWM(45%) |
| Factors Impacting SMH price | SMH will decline at least -0.72% in a week (0% probabilities).
VXX(-50%) VIXM(-38%) UUP(-25%) TLT(-1%) XLE(1%) |
| 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 | -0.72% (StdDev 1.44%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 0% |
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