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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
VanEck Semiconductor ETF (NASDAQ:SMH)
Long-Term Downtrend (-90) - SMH is in a strong downtrend that is likely to continue. While SMH is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Aug 5th, 2024 at 206.14
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 245.60
The short-term trend has been DOWN since Nov 12th, 2024 at 251.05
Smart Scan Analysis for SMH
Based on our trend formula, SMH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 244.17 | 244.17 | 238.73 | 242.54 | -1.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 242.54 | 0 | 2024-11-20 16:29:56 |
| 52wk High | 283.07 | 52wk High Date | 2024-07-11 |
| 52wk Low | 156.56 | 52wk Low Date | 2023-12-04 |
| Average Volume | 5,792,816 | Shares Outstanding | 90,692 |