| SMH latest price $224.1100 (1.61%) ($222.7300 - $227.1300) on Mon. Mar. 4, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.78% (three month average) |
| RSI | 68 |
| Latest Price | $224.1100(1.61%) |
| 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 3.3% a week on average for past two weeks. |
| Market Behavior | Rotation from growth to value 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(82%) SPY(75%) IWO(62%) IWM(50%) |
| Factors Impacting SMH price | SMH will decline at least -0.89% in a week (0% probabilities).
VXX(-57%) VIXM(-43%) UUP(-23%) TLT(1%) XLE(13%) |
| 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 | -0.89% (StdDev 1.78%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0% |
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