SMH VanEck Semiconductor ETF
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 12-month channel rising
Closed below support (US$585.87). Treat the buy level with caution.
- 9-month channel
- US$603.87 – US$660.97 · rising, +82% a year
- 12-month channel read from
- US$585.87 – US$660.00 · rising, +87% a year
- Price in channel
- −84% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$660.00
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -25% from US$668.3622 June 2026 → 29 July 2026
- Whose problem it was
- This company8 of 49 Asset Management peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 12%of what it lost
- What the record says
- 70% of 77 comparable falls came back, typically in 70 days measured on its own peer group
Fell -25% (22 June 2026 → 29 July 2026); regained 12% so far; company-specific.
Reported at the time: Micron Craters 13%: 'If You Go Hyperbolic Up, You Can Go Hyperbolic Down,' Silvant Exec Says — 23 June 2026
Price history, with the path projected 3 months forward
Updated 1:03 PM ET (23 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$522.88
level as at 1 Nov 2026
Our target
US$653.60
by 29 Dec 2026
Projected move
25.0%
gross, before costs
Price is between our buy and target.
Target: SMH's usual move size (25.0%), the best return per day on this path.
This move size: reached in 29% of 14 past stretches, typically in 58 days. (0.43% per day)
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 64%
- Fitted
- 1 Nov 2026
Company information
About VanEck Semiconductor ETF
The VanEck Semiconductor ETF (SMH) strives to mirror, as closely as feasible, the price and yield performance of the MVIS US Listed Semiconductor 25 Index (MVSMHTR), prior to the assessment of any fees or expenses. This underlying index is designed to reflect the comprehensive performance of businesses engaged in the manufacturing of semiconductors and related equipment.
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- US
https://www.vaneck.com/us/en/investments/semiconductor-etf-smh/
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$68.00B
- Enterprise value
- —
- Beta
- 1.98
- Avg volume
- 9.29M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 315.05-671.83
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.