| SMH latest price $191.5900 (2.11%) ($191.5900 - $191.5900) on Fri. Feb. 2, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.48% (three month average) |
| RSI | 77 |
| Latest Price | $191.5900(2.11%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.4% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.7% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
QQQ(87%) IVW(83%) SPY(74%) IWO(56%) IWM(44%) |
| Factors Impacting SMH price | SMH will decline at least -0.74% in a week (0% probabilities).
VXX(-51%) VIXM(-36%) UUP(-17%) TLT(-3%) GDX(7%) |
| 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 | -0.74% (StdDev 1.48%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 0% |
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