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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
VanEck Semiconductor ETF (NASDAQ:SMH)
Weak Uptrend (+65) - SMH is showing signs of weakening momentum to the upside. Monitor SMH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SMH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SMH
The long-term trend has been UP since Nov 14th, 2023 at 160.87
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 219.70
The short-term trend has been UP since May 6th, 2024 at 218.12
Smart Scan Analysis for SMH
Based on our trend formula, SMH is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 221.44 | 221.77 | 218.97 | 220.70 | -0.70 |
| Prev. Close | Volume | Bid | Ask | Time |
| 221.40 | 1766219 | 2024-05-09 11:20:00 |
| 52wk High | 239.1416 | 52wk High Date | 2024-03-08 |
| 52wk Low | 121.81 | 52wk Low Date | 2023-05-12 |
| Average Volume | 7,544,011 | Shares Outstanding | 76,192 |
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