Semiconductors · SMH

lagging · RS ratio 86.0 · RS momentum 89.2 · 20d RS vs SPY -20.98% · last 447.73 · 2026-11-05

Versus the S&P

No residual setup. Beta 2.18. Residual z -2.66. 20-day residual -17.79%. 20-day relative low. Residual is stretched, but it is not stretched against its own residual trend. No call.

residual-fade-v0. Not a proven edge.

Last 60 closes

Window change -24.0%. Price geometry only. Not an edge claim.

RS trail

2026-10-29 · ratio 97.9 · mom 100.8
2026-10-30 · ratio 93.5 · mom 97.8
2026-11-02 · ratio 92.3 · mom 94.5
2026-11-03 · ratio 94.7 · mom 96.8
2026-11-04 · ratio 91.5 · mom 91.3