
Technical analysis of VanEck Semiconductor ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
VanEck Semiconductor ETF (SMH) is an exchange-traded fund that invests at least 80% of its assets in securities of U.S. exchange-listed companies operating in the semiconductor industry, including medium-capitalization companies and foreign companies listed on U.S. exchanges. The fund tracks the composition of its benchmark index and is non-diversified.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 21, 2026, computed on the last 12 months of prices.
21 sessions
593.75 $
−6.24%
50 sessions
577.56 $
−3.61%
200 sessions
514.01 $
+8.30%
s2
527.87
Support
s1
537.12
Support
pivot
545.47
Pivot
r1
554.72
Resistance
r2
563.07
Resistance
In the October 21, 2026 session VanEck Semiconductor ETF closed higher at 556.70 $, +1.89% versus the previous session.
The price sits mixed against its moving averages: −6.24% against the 21-session average, −3.61% against the 50 and +8.30% against the 200.
The 14-period RSI reads 40.3, in neutral territory.
MACD stands at -8.755 against a signal line at -0.598: the histogram is negative (−8.156).
ADX reads 23.2, indicating weak directionality.
Levels computed on the latest session place supports at 537.12 and 527.87 $ and resistances at 554.72 and 563.07 $, around a pivot of 545.47.
The average daily range (ATR) is 16.483 $, or 2.96% of price.
Turnover was 7.7M shares, 100% of the 20-session average.
Over the last twelve months the price ranged between 501.15 and 671.83 $, and today stands −17.14% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is VanEck Semiconductor ETF analysed technically?
Technical analysis of VanEck Semiconductor ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for VanEck Semiconductor ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to VanEck Semiconductor ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to VanEck Semiconductor ETF it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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