| SMH latest price $196.4600 (1.93%) ($196.4600 - $196.4600) on Wed. Feb. 7, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.5% (three month average) |
| RSI | 72 |
| Latest Price | $196.4600(1.93%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.1% a day on average for past five trading days. |
| Weekly Trend | SMH advances 1.4% a week on average for past two weeks. |
| Market Behavior | Broad based rally 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(75%) IWO(57%) IWM(45%) |
| Factors Impacting SMH price | SMH will decline at least -0.75% in a week (0% probabilities).
VXX(-51%) VIXM(-33%) UUP(-13%) TLT(-5%) XLE(2%) |
| 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 | -0.75% (StdDev 1.5%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 0% |
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