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Stock Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
VanEck Semiconductor ETF (NASDAQ:SMH)
Countertrend Up (+85) - SMH is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Dec 1st, 2022 at 229.278
The intermediate-term trend has been UP since May 15th, 2023 at 125.140
The short-term trend has been DOWN since Jun 5th, 2023 at 143.840
Smart Scan Analysis for SMH
Based on our trend formula, SMH is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 144.43 | 146.16 | 143.01 | 145.40 | +1.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 144.31 | 0 | 2023-06-06 16:29:24 |
| 52wk High | 151.71 | 52wk High Date | 2023-05-30 |
| 52wk Low | 83.485 | 52wk Low Date | 2022-10-13 |
| Average Volume | 7,320,585 | Shares Outstanding | 59,842 |