| SMH latest price $199.4500 (1.52%) ($196.8100 - $199.4500) on Thu. Feb. 8, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 67 |
Latest Price | $199.4500(1.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 1.2% a day on average for past five trading days. |
Weekly Trend | SMH advances 1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) QQQ(88%) IVW(84%) SPY(75%) IWO(58%) IWM(45%) |
Factors Impacting SMH price | SMH will decline at least -0.755% in a week (0% probabilities). VXX(-51%) VIXM(-33%) UUP(-13%) TLT(-6%) 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 | -0.755% (StdDev 1.51%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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