| SMH latest price $203.7600 (2.16%) ($203.7600 - $203.7600) on Fri. Feb. 9, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.52% (three month average) |
| RSI | 69 |
| Latest Price | $203.7600(2.16%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 1.3% a day on average for past five trading days. |
| Weekly Trend | SMH advances 2.1% a week on average for past two weeks. |
| Market Behavior | Growth stock 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(88%) IVW(84%) SPY(75%) IWO(58%) IWM(45%) |
| Factors Impacting SMH price | SMH will decline at least -0.76% in a week (0% probabilities).
VXX(-52%) VIXM(-33%) UUP(-13%) TLT(-5%) 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 | -0.76% (StdDev 1.52%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0% |
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