| SMH latest price $225.9500 (0.36%) ($225.9500 - $225.9500) on Wed. Apr. 3, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 54 |
Latest Price | $225.9500(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 0.1% 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 | 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(89%) IVW(87%) SPY(78%) IWO(66%) IWM(52%) |
Factors Impacting SMH price | SMH will decline at least -0.94% in a week (0% probabilities). VXX(-66%) VIXM(-54%) UUP(-27%) TLT(2%) JETS(19%) |
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 | -0.94% (StdDev 1.88%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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