Market Vectors Semiconductor(SMH)

Market Vectors Semiconductor (SMH) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SMH · data as of Aug 14, 2026. The chart above is live; the read below updates daily.

$587.82last close · Aug 14, 202652-week range $281.15 – $671.83 · 12.5% below the high

SMH Triangle Pattern

SMH is currently forming a triangle on the daily timeframe. Detected Aug 14, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $351.02 (−11.5%). Across 13,389 backtested triangles, the setup followed through 51.1% of the time, averaging +0.16R; SMH's own triangles have hit 39.1%.

DirectionBearishTarget$351.02Projected move−11.5%Breakout level$394.21

New to this pattern? What a triangle is and how to trade it →

SMH's Most Recent Falling Wedge Trade

SMH's most recent completed falling wedge resolved as a win: it broke higher on Apr 6, 2026 near $397.01, then reached its target at $546.16 on May 18, 2026 — a +4.02R move (37.6%) over 30 sessions. Across 113 backtested falling wedges, this setup wins 45.1% of the time.

OutcomeWinResult+4.02REntry$397.01Exit$546.16

Learn about falling wedge

How Triangles Have Performed

Win rate

51.1%

Avg return

+0.16R

Backtested trades

13,389

SMH win rate

39.1%

Historical pattern statistics (2006-08-14 – 2026-08-14), not a prediction.

How these backtests work →

SMH Pattern Trade History

Every completed pattern trade our nightly backtest found on SMH's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Apr 6, 2026 @ $397.01	May 18, 2026 @ $546.16	Win	+4.02R
Triangle	Mar 5, 2026 @ $392.09	Apr 9, 2026 @ $430.31	Loss	-1.07R
Bullish Pennant	Oct 24, 2025 @ $352.51	Nov 20, 2025 @ $325.10	Loss	-1.36R
Triangle	Sep 10, 2025 @ $300.59	Oct 10, 2025 @ $325.34	Win	+1.31R
Rising Wedge	Aug 20, 2025 @ $290.00	Sep 11, 2025 @ $303.93	Loss	-1.07R
Triangle	Feb 27, 2025 @ $235.97	Apr 3, 2025 @ $202.72	Win	+1.41R
Triangle	Jan 7, 2025 @ $263.42	Jan 27, 2025 @ $235.81	Loss	-1.25R
Rising Wedge	Nov 15, 2024 @ $244.17	Jan 21, 2025 @ $262.39	Loss	-1.03R
Triangle	Oct 31, 2024 @ $248.27	Nov 7, 2024 @ $261.02	Loss	-1.27R
Rising Wedge	Oct 24, 2024 @ $248.69	Jan 21, 2025 @ $262.39	Loss	-1.01R
Triangle	Sep 19, 2024 @ $239.97	Mar 28, 2025 @ $212.17	Loss	-1.05R
Rising Wedge	Feb 20, 2024 @ $198.25	Feb 22, 2024 @ $209.93	Loss	-1.32R

Recent Triangles on Other Charts

XOPstopped −6.5%Aug 14, 2026 VNQstopped −2.7%Aug 11, 2026 APAstopped −13.1%Aug 10, 2026 CVNAstopped −12.4%Aug 10, 2026

Learn about triangle

SMH Support and Resistance Levels

Price was turned away at a ceiling near $693.75 about 6 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $420.97 — still about 28% away.

Traders commonly watch $420.97 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $693.75 ceiling about 6 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $425.11, resistance near $654.09. These are chart/swing-derived levels, not formula pivots.

Resistance

$654.09$661.23$958.35

Support

$425.11$361.77$176.55

SMH Recent Daily Prices

Date	Open	High	Low	Close
Aug 14, 2026	$587.51	$590.33	$581.87	$587.82
Aug 13, 2026	$586.38	$597.95	$585.01	$589.12
Aug 12, 2026	$590.55	$590.57	$583.79	$584.83
Aug 11, 2026	$578.57	$578.60	$569.17	$572.93
Aug 10, 2026	$585.99	$586.24	$569.20	$569.41
Aug 7, 2026	$583.58	$586.09	$572.32	$582.70
Aug 6, 2026	$565.48	$580.43	$559.56	$571.48
Aug 5, 2026	$574.41	$585.00	$568.38	$569.70
Aug 4, 2026	$564.29	$578.63	$562.28	$575.71
Aug 3, 2026	$530.43	$548.49	$524.77	$545.46

SMH Frequently Asked Questions

What chart pattern is SMH forming right now?

As of Aug 14, 2026, TradingPal's detector identifies a triangle on Market Vectors Semiconductor (SMH) on the daily chart, with a measured-move target of $351.02.

Is a triangle bullish or bearish?

The triangle detected on SMH is a bearish pattern, projecting a measured-move target of $351.02. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a triangle pattern, and what is its win rate?

Across TradingPal's backtest of the triangle family (13,389 trades over 631 symbols), it resolved in the expected direction 51.1% of the time with an average of +0.16R. These are historical statistics, not a prediction.

What are the support and resistance levels for SMH?

Based on auto-detected, swing-derived levels (as of Aug 14, 2026), SMH's nearest support is around $425.11 and nearest resistance around $654.09.

What is the price target if SMH's pattern breaks out?

The detected triangle has a geometry-based measured-move target of $351.02 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was SMH's closing price on Aug 14, 2026?

Market Vectors Semiconductor (SMH) last closed at $587.82 on Aug 14, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.