SMH chart analysis today
SMH is 50 days into a downtrend, coiling inside a descending triangle. $578.09 ends the triangle, $542.63 resumes the fall.
VanEck Semiconductor ETF · daily · last close $545.22 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $578.09 · the descending triangle
- Below
- $542.63 · the descending triangle
- Formation state
- Still forming.
- Trend
- lower highs and lower lows over the window, 5 steps across 50 bars, still intact
- Agreement
- Structure 2 of 4 (mixed) · indicators 3 of 3 (high)
Levels and what happened there
- Resistance $647.35
- Support $540.27
- Support $526.32
- The last four times price reached $647.35 it held every time, bouncing 11% on average.
- The last four times price reached $540.27 it held every time, bouncing 10% on average.
- The last two times price reached $526.32 it held every time, bouncing 13% on average.
- Bigger picture Weekly flat, daily coiling. weekly — no clear direction, nearest resistance $596.19, bull flag at $585.67.
- 52 weeks 19% below its 52-week high of $671.83 and 94% above its 52-week low of $281.74.
Read your own SMH chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze SMH now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.