Stand aside — setup invalidated
Setup score 85, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
SMH
$541.62 +2.74% Oct 26 close
1 independent risk warning also present. Review before relying on the bullish setup.
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$SMH
⚠ Risk Signals
Head & Shoulders Top
Neckline ~554.66 has broken. Measured-move risk extends toward ~437.49; a fast reclaim of 554.66 would be a failed breakdown (often bullish).
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Market Structure
Trend structure: downtrend
Latest event: structure_shift
(bullish)
Support
372.78–375.86
· 5 touches · strong
Support
536.81–540.75
· 4 touches · moderate
Historical verdict · setup score 85/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 85, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 1.1 Price > 150-day MA AND 200-day MA — Price $541.62, MA150 $554.84, MA200 $516.25
- Minervini 1.5 Price > 50-day MA — Price $541.62 vs MA50 $574.17
- O'Neil N: Near 52-week high or RS line new high — 19.4% below high | RS line new high: False
- O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
- Weinstein Volume expansion above average — Volume ratio 1.36x
- Dennis S1: 20-day Donchian breakout
Minority view — the council disagrees here
- Minervini: avoid Trend-template read: fails Price > 150-day MA AND 200-day MA.
- O'Neil: watch CANSLIM read: 2/6 pass; improvement is still needed.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
75
Strong
Legend Score · rates the stock
Strong (75/100) — held back by institutional footprint
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 90
- Trend Template (25%) 100
- Institutional Footprint (20%) 64
- EPS Growth (15%) 50
- Quality (SMR-like) (15%) 50
RS rank 89: beating most of the market. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 64: mild accumulation. No recent earnings growth data — scored neutral. No sales/ROE data — scored neutral. Updated 2026-10-14.
More stats
52W Low
$315.05
Tight Wks
0
Base
B2
SMA 200
$516.25
RS Line vs High
-15.9%
RS Line Slope
+4.5% ▲
ADR%
2.2%
ATR(14)
$19.10 (3.5%)
Vol Pace (live)
N/A
A/D Days
10A / 15D
A/D Rating
E
VDU Bars
0/10 d
SMH Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$SMH · $541.62 · as of 2026-10-26 · multi-factor read
38
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▼ Weak / rolling over
Monthly
▼ Downtrend
Moving Averages
50-day$574.17 ↓
100-day$582.83 ↓
200-day$516.25 ↑
Bullish (50 > 200)
RSI (14)
Reading39.8 · Bearish
Bearish momentum — sellers in control.
MACD (12/26/9)
StateBearish
Histogram-7.330
Bearish — MACD below its signal line and below zero. Histogram expanding.
Bollinger Bands (20,2)
%B / Width23% · 25.9%
Mid-band — no directional band edge in play.
Volume · Buyer vs Seller
Up/Down vol0.72 · Neutral
Rel volume1.36×
Pocket pivots · 10d0
5d vs 50d vol135%
Heavy vol up / down0 / 5
Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.
- 5 heavy-volume down days vs 0 up in the last 20 sessions — supply is showing.
Support & Resistance
R · $573.21swing level
R · $580.87swing level
R · $600.37swing level
Price · $541.62now
S · $539.71swing level
S · $527.87swing level
S · $503.63swing level
Fibonacci · Downtrend swing
23.6% ◄ price here$543.33
38.2%$567.88
50.0%$587.73
61.8%$607.58
78.6%$635.84
Retracement resistance zones measured from the recent swing high down to the low.
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Weekly downtrendMonthly downtrendAbove 200-day MA50/200 bullishRS 89 (leader)
Want this read in a legend's voice?
Ask a Legend about SMH
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (85/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Avoid
C
Trend-template read: fails Price > 150-day MA AND 200-day MA.
Passing evidence
1.2 150-day MA > 200-day MAMA150 $554.84 vs MA200 $516.25
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $574.17, MA150 $554.84, MA200 $516.25
Failing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $541.62, MA150 $554.84, MA200 $516.25
1.5 Price > 50-day MAPrice $541.62 vs MA50 $574.17
Not applicable
2. Quarterly EPS growth ≥ 25%No single-company earnings — not applicable to ETFs
2. ROE ≥ 17%No single-company earnings — not applicable to ETFs
2. Revenue growth ≥ 20% YoYNo single-company earnings — not applicable to ETFs
O'Neil
Watch
D
CANSLIM read: 2/6 pass; improvement is still needed.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 89
S: Base tightness (ATR% ≤ 4.5%)ATR% 3.53%
Failing evidence
N: Near 52-week high or RS line new high19.4% below high | RS line new high: False
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
Not applicable
C: Quarterly EPS acceleration ≥ 25%No single-company earnings — not applicable to ETFs
A: Annual earnings & revenue qualityNo single-company earnings — not applicable to ETFs
Weinstein
Watch
B
Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $541.62 vs MA200 $516.25
Failing evidence
Volume expansion above averageVolume ratio 1.36x
dennis
Watch
B
Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $520.53
Volatility-unit sizing (1N ≈ 1% of equity)1N = $17.41 (3.21% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
D
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $622.86-$649.94; trail the rest
Trail on the 10/20-day MA10-day MA $549.52 · 20-day MA $582.63 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlyTrend Only is not one of Zanger's six
Breakout volume 1.5-2.0x averageNot confirmed
zweig
Watch
A
Zweig read: passes his full growth screen — earnings growing faster than the market, a price that is reasonable for that growth, insiders buying, and price strength. Super Model timing — timing tailwinds: Breadth momentum, 4% Model (breadth proxy); 2 timing leg(s) lack data.
Passing evidence
Price strength (RS ≥ 70)RS score 89 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (1995 adv / 1699 dec) — participation expanding
Failing evidence
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
9-to-1 up/down volume daysOnly 17 breadth sessions stored — need 20+ to spot thrust days
Not applicable
EPS growth above the marketNo single-company earnings — not applicable to ETFs
Reasonable price for the growthNo single-company earnings — not applicable to ETFs
Insider buyingNo single-company earnings — not applicable to ETFs
Livermore
Watch
B
Pivotal-point read: 5/6 structural checks pass; awaiting volume confirmation.
Passing evidence
Price$541.62
Relative strengthRS 89
Failing evidence
Pivotal point cleared on expanding volumeNot confirmed
Darvas
Watch
B
Box-theory read: 5/6 structural checks pass; awaiting volume confirmation.
partialConsolidating within the box (12.5% from 52W high) — patience until it approaches the prior high.
Passing evidence
Price$541.62
Relative strengthRS 89
Failing evidence
Box top broken on heavy volumeNot confirmed
Wyckoff
Watch
B
Supply-and-demand read: 5/6 structural checks pass; awaiting volume confirmation.
Passing evidence
Price$541.62
Relative strengthRS 89
Failing evidence
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net -1
Fundamentals & leadership quality — Minervini’s published criteria · 2/3 met · earnings criteria N/A for ETFs
A
2/3 criteria
Separate score from the Minervini Trend Template (6/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
N/A
Revenue growth ≥20% YoY
N/A
Gross margin ≥30%
N/A
ROE ≥17%
N/A
RS rating ≥80 (leadership)
89
Stage 2 uptrend (Weinstein)
Stage 1
Within 25% of 52W high
-19.4%
Method Playbook
Trade it like Dennis
EXACT LEVELS · PRO
Dennis B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the 20-day channel high (System 1) or 55-day channel high (System 2) as the breakout trigger.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Buy the breakout print mechanically — no prediction, no hesitation, no chasing below the channel high.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Place the stop at 2N (N = 20-day ATR) below entry, set before the trade and never moved except up on winners.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Add at 0.5N intervals up to 4 units; trail the stop beneath each new add level, never loosen it.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit System 1 at the 10-day low and System 2 at the 20-day low — the exit is part of the system, not a decision.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis (historical)
85
setup score
RS Score
89
Trend template
6/8
Why This Setup?
Trend Only · schematic
Gatekeeper 8/8 | Strong trend (8/8) | Top RS (89) | Stage 2
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
1/7
universals met
- Risk is defined — not met No stop — undefined risk
- A relative-strength leader — partly met RS rank 75 — middling
- Asymmetric reward — partly met No target set
- Clear of earnings — partly met Report date unknown
- Not chasing (in range) — partly met Pivot distance unknown
- Volume confirms — partly met 1.2× average — light
- In a confirmed uptrend — met Stage 1 · Trend template 6/8
Minervini Trend Template
6/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$541.62 vs SMA150 $554.84 / SMA200 $516.25
SMA 150 above SMA 200
SMA150 $554.84 vs SMA200 $516.25
SMA 200 trending up
Slope +21.81 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $574.17
Price above SMA 50
$541.62 vs SMA50 $574.17
30%+ above 52-week low
+71.9% from $315.05
Within 25% of 52-week high
-19.4% from $671.83
RS score above 70
RS 89
Fundamentals
52W Range
64%
Insider
No Buy
Company
Company profile
SMH
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
8/8
W. RS
95
W. Support
$433.60
W. Resist
$671.83
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
Oct 14
Trend Only
✓ Gate
85
Oct 13
Trend Only
✓ Gate
85
-7.9%
Oct 12
Inverse Head & Shoulders
✓ Gate
91
-8.4%
Oct 10
Inverse Head & Shoulders
✓ Gate
91
-8.4%
Oct 09
Inverse Head & Shoulders
✓ Gate
95
-10.2%
Latest News
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