| SMH latest price $172.4150 (0.01%) ($172.4150 - $172.4150) on Wed. Jan. 10, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 47 |
Latest Price | $172.4150(0.01%) |
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 declines -1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) QQQ(87%) IVW(84%) SPY(74%) IWO(57%) IWM(45%) |
Factors Impacting SMH price | SMH will decline at least -0.77% in a week (0% probabilities). VXX(-49%) VIXM(-35%) UUP(-24%) XLE(-4%) TLT(3%) |
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 | 0.7 () |
Intraday Trend | 0% |
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