Market Vectors Semiconductor(SMH)

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

Auto-detected technical analysis for SMH · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$586.91last close · Jul 22, 202652-week range $279.19 – $671.83 · 12.64% below the high

SMH Falling Wedge Pattern

SMH is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 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 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; SMH's own falling wedges have hit 72.7%.

DirectionBullishTarget$442.36Projected move+12.9%Breakout level$393.79

New to this pattern? What a falling wedge 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 37.6% move (+4.02R) over 30 sessions. Across 89 backtested falling wedges, this setup wins 49.4% of the time.

OutcomeWinResult+37.6%R+4.02REntry$397.01Exit$546.16

Learn about falling wedge

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

SMH win rate

72.7%

Historical pattern statistics (1987-01-30 – 2026-07-17), 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	+12.9% · +4.02R
Triangle	Mar 5, 2026 @ $392.09	Apr 9, 2026 @ $430.31	Loss	+11.6% · -1.07R
Bullish Pennant	Oct 24, 2025 @ $352.51	Nov 20, 2025 @ $325.10	Loss	+7.8% · -1.36R
Triangle	Sep 10, 2025 @ $300.59	Oct 10, 2025 @ $325.34	Win	+7.4% · +1.31R
Rising Wedge	Aug 20, 2025 @ $290.00	Sep 11, 2025 @ $303.93	Loss	+6.7% · -1.07R
Triangle	Feb 27, 2025 @ $236.47	Apr 3, 2025 @ $202.72	Win	+15.1% · +1.46R
Rising Wedge	Nov 15, 2024 @ $244.17	Jan 21, 2025 @ $262.39	Loss	+22.4% · -1.03R
Triangle	Oct 30, 2024 @ $250.05	Nov 7, 2024 @ $261.02	Loss	+6.6% · -1.32R
Rising Wedge	Oct 23, 2024 @ $249.66	Jan 21, 2025 @ $262.39	Loss	+8.2% · -1.01R
Triangle	Sep 17, 2024 @ $236.68	Feb 27, 2025 @ $228.79	Loss	+30.4% · -1.34R
Rising Wedge	Feb 20, 2024 @ $200.27	Feb 22, 2024 @ $209.93	Loss	+8.7% · -1.41R
Rising Wedge	Dec 29, 2023 @ $174.21	Jan 18, 2024 @ $180.31	Loss	+16.2% · -2.40R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026 BAstopped −7.9%Jul 21, 2026 BDXhit target +2.8%Jul 21, 2026 HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

SMH Support and Resistance Levels

Price was turned away at a ceiling near $676.47 about 3 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 $676.47 ceiling about 3 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.

SMH Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$571.35	$592.01	$571.35	$586.91
Jul 21, 2026	$580.96	$586.00	$572.05	$584.08
Jul 20, 2026	$568.78	$572.77	$557.24	$558.83
Jul 17, 2026	$547.94	$567.41	$536.81	$556.53
Jul 16, 2026	$575.75	$581.84	$564.45	$568.92
Jul 15, 2026	$606.88	$606.88	$573.72	$590.77
Jul 14, 2026	$608.90	$608.90	$590.38	$600.31
Jul 13, 2026	$598.01	$599.36	$583.09	$585.62
Jul 10, 2026	$600.87	$615.05	$595.84	$611.03
Jul 9, 2026	$615.48	$618.17	$604.70	$607.73

SMH Frequently Asked Questions

What chart pattern is SMH forming right now?

As of Jul 22, 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

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 Jul 22, 2026?

Market Vectors Semiconductor (SMH) last closed at $586.91 on Jul 22, 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.