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SMH Trades Near Lower Bollinger Band With Five Moving Averages Overhead

SMH Trades Near Lower Bollinger Band With Five Moving Averages Overhead

Photo: TokenPost

VanEck Semiconductor Tokenized ETF (SMH) traded at $465.90 on Binance Futures at 3:46 p.m. ET (20:46 UTC) Nov. 7, down 1.37% over 24 hours and just above its lower Bollinger Band. The quote was below five moving averages: the seven-day simple moving average at $492.60, the 20-day at $523.99, the 50-day at $569.00, the 12-day exponential moving average at $502.55 and the 26-day at $528.46. The pivot level was $467.15, with immediate support at $456.73 and stronger support at $447.57. Resistance levels were $476.31 and $486.73. SMH’s 24-hour range was $457.98 to $477.56, and the lower Bollinger Band was $461.70.

Source: TokenPost

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