| SMH latest price $190.1300 (0.98%) ($190.1300 - $190.1300) on Mon. Jan. 29, 2024. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.49% (three month average) |
| RSI | 83 |
| Latest Price | $190.1300(0.98%) |
| 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 5% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(86%) IVW(83%) SPY(73%) IWO(55%) IWM(43%) |
| Factors Impacting SMH price | SMH will decline at least -0.745% in a week (0% probabilities).
VXX(-50%) VIXM(-36%) UUP(-19%) TLT(0%) XLE(6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.745% (StdDev 1.49%) |
| Hourly BBV | -0.1 () |
| Intraday Trend | 0% |
| | |
| |
|