| SMH latest price $211.9000 (1.86%) ($211.9000 - $211.9000) on Thu. Apr. 25, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.03% (three month average) |
| RSI | 39 |
| Latest Price | $211.9000(1.86%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | SMH advances 0.4% a day on average for past five trading days. |
| Weekly Trend | SMH declines -4.1% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability)
IVW(88%) QQQ(88%) SPY(79%) IWO(73%) IWM(55%) |
| Factors Impacting SMH price | SMH will decline at least -1.015% in a week (0% probabilities).
VXX(-68%) VIXM(-55%) UUP(-22%) JETS(-12%) GLD(-6%) |
| 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 | -1.015% (StdDev 2.03%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 0% |
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