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Index Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
VanEck Vectors Semiconductor ETF (NASDAQ:SMH)
Countertrend Down (-85) - SMH is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Feb 24th, 2022 at 249.398
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 221.930
The short-term trend has been UP since Jun 24th, 2022 at 214.220
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 |
|---|---|---|---|---|
| 215.42 | 218.77 | 210.00 | 210.07 | -5.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 210.01 | 0 | 2022-06-28 16:29:28 |
| 52wk High | 318.82 | 52wk High Date | 2021-11-22 |
| 52wk Low | 201.06 | 52wk Low Date | 2022-06-17 |
| Average Volume | 4,937,195 | Shares Outstanding | 32,821 |