VanEck Semiconductor ETF (SMH) — Technical state

As of 2026-11-10 — re-computed nightly across the coverage universe. Closelooknet diary readings, not advice.

The Closelooknet read

Signal: Mixed moving-average stack — Trades -14.1% vs the 50-day and -7.5% vs the 200-day average, 28% below the 52-week high and +54% off the 52-week low. Computed from daily closes. (as of 2026-11-10)
Trend: VanEck Semiconductor ETF trades 14.1% below its 50-day and 7.5% below its 200-day moving average. (as of 2026-11-10)
Inside the fund: Improving below the surface - the A/D line is rising while price is flat-to-down; more names participating than the headline shows. (improving, last 21 sessions). Over 21 sessions the fund moved −18.2% while the median holding moved −13.3%; 14 of 25 holdings beat the fund and 4 rose. Against the S&P 500 fund it is −14.6pp over the same window. The top ten holdings carry 71.0% of the weight (effective N 14.9). (as of 2026-11-10)

The full read — the desk's view, the earnings record, peers and the company snapshot — is on the SMH overview. Research diary readings, not advice.

Mixed moving-average stack

Trades -14.1% vs the 50-day and -7.5% vs the 200-day average, 28% below the 52-week high and +54% off the 52-week low. Computed from daily closes.

Ranked #3 on today’s Directional Flow — theme flow list (scan of 2026-11-10).

The moving-average stack

vs 20-day-8.1%
vs 50-day-14.1%
vs 200-day-7.5%
52-week band28% off the high · +54% off the low
Streak1 consecutive down session
50-day crossprice crossed down through the 50-day 19 sessions ago
Stochastic%K 30.3 · %D 16.6

Continue: the SMH chart & overview · the signal board

FAQ · from the current data · as of 2026-11-10

Quick answers

What is the current Closelooknet signal on SMH?

Mixed moving-average stack — Trades -14.1% vs the 50-day and -7.5% vs the 200-day average, 28% below the 52-week high and +54% off the 52-week low. Computed from daily closes. As of 2026-11-10; the signal board re-computes across the coverage universe nightly. A research diary reading, not advice.

Is SMH above its 50-day and 200-day moving averages?

As of 2026-11-10, VanEck Semiconductor ETF trades -14.1% below its 50-day and -7.5% below its 200-day average, with the 20-day -8.1% away.

How far is SMH from its 52-week high?

28% below the 52-week high and 54% above the 52-week low, as of 2026-11-10.

Mentioned on Closelooknet

Where SMH appears in the diary — 145 pieces, newest first. Every link is our own writing.

Long reads

AI Stocks — The First Week Chose the Users: If the Pattern HoldsWeekly Signal · 8 Nov 2026Table as text Friday's scan Flow 21-day change 63-day change Reading Chip majors (SMH) 46.6 −20.1 −38.7 strong but fading fast Technology (XLK) 40.8 −6.0 −2.4 fading Software (IGV) 29.2 +10.4 +45.7 still building Health care (XLV) 24.0…
Calendar — The Funds’ New Year and the Midterms: a Fresh Start?Weekly Signal · 1 Nov 2026What each direction would look like in those three days: software — IGV back over its 50-day average (106.99) with the flow still accelerating; the chips — SOXX holding 465, SMH's flow momentum no longer falling, and the equal-weight chip…
Second-Tier Chips — Back at the July Low, Leg Two BeginsWeekly Signal · 18 Oct 2026The equal-weight XSD fell 12.5%, the fabless-designer fund SMHX 12.1%, the broad chip fund SOXX 11.8% and the big-name fund SMH 10.5%.
Cloud — the AI fund near its 2021 record while the chip funds fall backChart Pick · 9 Oct 2026Since then the semiconductor fund SOXX has fallen 14.0% and SMH 9.2%.
Rubin Build-Out 100 — Rubin at the DoorWeekly Signal · 6 Sept 2026
Two and a half months of lower highs, then a second low that held above the first — and on Friday the oscillator turned.Chart Pick · 4 Sept 2026Across the funds, SOXX is up about 3%, SMH and the equal-weight XSD about 2.5%, this fund about 2%.
Korea, Taiwan, Japan — Three Markets Are Carrying the WorldWeekly Signal · 16 Aug 2026Both still sit far ahead for the year, XSD +69.2% against SMH +63.2%, but the ordering that marked healthy risk appetite inverted in exactly the week the tape went up.
Situational Awareness — Crushed While CorrectReport · 2 Aug 2026II.3 — Q2 2025: Aggressive Semiconductor Beta (Filed) At June 30, 2025, the filing had grown to $2.12bn across nine positions, dominated by: Position Approximate filed value SMH option/reference exposure ~$570m Intel option/reference…

101 and glossary

Functional IndexGlossaryReveals structural dynamics that cap-weighted ETFs (SMH, SOXX) miss.
Market RegimeGlossaryThe system is applied weekly across six assets: BTC, NDX, SMH, Gold, TLT, and FTSE Global ex-US.
Weekly Signal Composite: How Closelooknet Reads Market Regime101The framework covers six assets: BTC, NDX, SMH, Gold, TLT, and FTSE Global ex-US.
Where a Fab Dollar Goes101Closelooknet View The complex at the decision zone, July 16, 2026 — SMH, SMHX, XSD and TSMC each sitting on the line that grades the correction.
Why Functional Indices Beat Cap-Weighted Semiconductor ETFs101Cap-weighted semiconductor ETFs like SMH and SOXX are not supply chain tools — they are NVIDIA proxies.
Why Semiconductor ETFs Miss the Real Story101The most popular semiconductor ETFs — VanEck SMH and iShares SOXX — are marketed as broad semiconductor exposure.

Dailies

Chips — Up 6% Without Nvidia: AMD Jumps 11%, Broadcom 8%, Nvidia Slides 6%Midday 10 · 9 Nov 2026The chip fund SOXX rises 6.3% to 145.12 and SMH 3.9% to 482.14.
Nvidia — CEO Admits Affair With Suspected Chinese Spy; Nasdaq Futures Slip 1%, Taiwan Jumps 4.9%Morning 10 · 9 Nov 2026Chip ETFs led: SOXX +3.51%, SMH +3.62%, XSD +5.79%.
AI Builders — Chips Bounce 4%, AMD Jumps 10% and IREN 20% After a Strong Jobs ReportMidday 10 · 6 Nov 2026The chip fund SMH rises 3.8% and the Nasdaq 1.7%, and the VIX, Wall Street's fear gauge, falls 12.8% to 24.6.
Usage Software — Cloudflare Jumps 19%Daily Pulse · 6 Nov 2026By 11:45 UTC Nasdaq-100 futures were up 1.6% from Thursday's settlement and the chip ETF SMH 5.7% before the open.
AI Build-Out — Chip Stocks Sink 8%, Nasdaq Drops 4% and the Fear Gauge Jumps 43%Midday 10 · 5 Nov 2026The chip fund SMH falls 8.2%, the Nasdaq 4.1% and the S&P 500 3.1%, while the VIX, Wall Street's fear gauge, jumps 43% to 23.7 after touching 28.1.
AI Trade — Japan, Korea, Taiwan fall, India rises; Bitcoin under 80,000, gold under 4,000, TLT above 81.50Morning 10 · 30 Oct 2026Communications (XLC) fell 1.87% and technology (XLK) 1.18%; inside tech, software (IGV) fell 3.52%, cloud (CLOU) 3.56%, and the chip funds SOXX and SMH 1.55% and 1.06%.
Sell-Off — Nasdaq −3%, Chips −8%, Bitcoin −4%, Gold −3%; Only Bonds, Oil and Defensives HoldMidday 10 · 30 Oct 2026The Philadelphia chip index falls 8.3% to 10,563, on course for its worst day since 5 June; the SOXX fund is down 9.4% and SMH 7.8%.
Big Tech — Microsoft up 2.9%, Alphabet down 10%, ServiceNow down 18% after hours; Marvell eyes LumentumMorning 10 · 29 Oct 2026Chips led, with SOXX up 2.13% and SMH up 1.74%, while software sat out (IGV +0.12%, CLOU -0.20%).