| SMH latest price $203.0850 (-0.33%) ($203.0850 - $203.0850) on Mon. Feb. 12, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 68 |
Latest Price | $203.0850(-0.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.8% a day on average for past five trading days. |
Weekly Trend | SMH advances 2.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) QQQ(87%) IVW(84%) SPY(74%) IWO(58%) IWM(44%) |
Factors Impacting SMH price | SMH will decline at least -0.73% in a week (0% probabilities). VXX(-53%) VIXM(-37%) UUP(-22%) TLT(4%) XLE(5%) |
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 | -0.73% (StdDev 1.46%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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