Auto-detected technical analysis for SMH · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$655.89last close · Jun 30, 2026
SMH falling wedge pattern
SMH is currently forming a Falling Wedge on the daily timeframe. Detected Jun 30, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $442.36 (+12.9%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R.
SMH's most recent completed Falling Wedge resolved as a win: it broke higher on Apr 7, 2026 near $399.90, then reached its target at $546.16 on May 18, 2026 — a +3.65R move (36.6%) over 29 sessions. Across 92 backtested falling wedges, this setup wins 43.5% of the time.
OutcomeWinResult+3.65REntry$399.90Exit$546.16
How falling wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
SMH support and resistance levels
On the weekly chart, price is resting in the open space between a floor below near $170.11 and a ceiling above near $852.43.
Price hasn't touched either edge recently, so there's no clear direction either way yet.
The next move usually shows itself when price reaches one of those edges — the clearest reads tend to begin right at one of these lines.
Nearest auto-detected support sits near $182.39, resistance near $854.00. These are chart/swing-derived levels, not formula pivots.
Resistance
$854.00
Support
$182.39
SMH recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$636.07
$659.74
$634.60
$655.89
Jun 29, 2026
$615.03
$633.26
$596.17
$631.98
Jun 26, 2026
$616.79
$621.71
$609.00
$611.61
Jun 25, 2026
$649.37
$650.03
$613.93
$636.88
Jun 24, 2026
$622.28
$625.23
$606.23
$618.92
Jun 23, 2026
$625.93
$636.88
$617.27
$622.05
Jun 22, 2026
$670.35
$671.83
$660.02
$668.91
Jun 18, 2026
$648.55
$663.80
$648.15
$659.88
Jun 17, 2026
$633.46
$643.50
$623.13
$623.97
Jun 16, 2026
$643.52
$648.31
$616.00
$616.00
SMH frequently asked questions
What chart pattern is SMH forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on Market Vectors Semiconductor (SMH) on the daily chart, with a measured-move target of $442.36.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on SMH is a bullish pattern, projecting a measured-move target of $442.36. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. 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 Jun 30, 2026), SMH's nearest support is around $182.39 and nearest resistance around $854.00.
What is the price target if SMH's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $442.36 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SMH's closing price on Jun 30, 2026?
Market Vectors Semiconductor (SMH) last closed at $655.89 on Jun 30, 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.
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