| SMH latest price $172.9250 (-0.27%) ($172.9250 - $172.9250) on Fri. Jan. 12, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.54% (three month average) |
| RSI | 48 |
| Latest Price | $172.9250(-0.27%) |
| 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 -0.5% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(88%) IVW(84%) SPY(76%) IWO(56%) DIA(45%) |
| Factors Impacting SMH price | SMH will decline at least -0.77% in a week (0% probabilities).
VXX(-52%) VIXM(-39%) UUP(-16%) TLT(-2%) XLE(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 | 0.4 () |
| Intraday Trend | 0% |
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