The best indicator for Semiconductors (SMH)
We backtested 382 indicators across daily, weekly and hourly charts on real Semiconductors (SMH) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Semiconductors (SMH) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
TEMA 200 Trend
On the weekly chart, this is the strongest risk-adjusted edge we found for Semiconductors (SMH) over ~26.1 years — beating buy-and-hold by 0.8% CAGR.
Semiconductors (SMH) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Semiconductors (SMH) — trailing buy-and-hold by 2.1% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | TEMA 200 Trend ✓ | Weekly | 11.3% | 0.81 | -21.7% | 42.9% | 21 | 0.8% |
| 2 | Awesome Oscillator ✓ | Weekly | 15.3% | 0.79 | -37.7% | 45.8% | 24 | 4.7% |
| 3 | Hull MA 100 Trend ✓ | Weekly | 12.0% | 0.79 | -20.1% | 67.6% | 37 | 1.4% |
| 4 | Trend Regularity Adaptive MA ✓ | Weekly | 12.0% | 0.78 | -33.0% | 41.4% | 29 | 1.5% |
| 5 | MAMA / FAMA ✓ | Weekly | 14.4% | 0.77 | -33.9% | 54.5% | 22 | 3.9% |
| 6 | Even Better Sinewave ✓ | Weekly | 15.0% | 0.76 | -32.9% | 56.5% | 23 | 4.5% |
| 7 | T3 8/21 Cross ✓ | Weekly | 13.2% | 0.73 | -32.9% | 61.9% | 21 | 2.7% |
| 8 | TRIX (9) ✓ | Weekly | 13.6% | 0.73 | -44.3% | 63.6% | 22 | 3.1% |
| 9 | Linear Regression Slope ✓ | Weekly | 13.5% | 0.72 | -40.4% | 53.6% | 28 | 3.0% |
| 10 | Correlation Trend ✓ | Weekly | 13.5% | 0.72 | -40.4% | 53.6% | 28 | 3.0% |
| 11 | SMA 200 Trend ✓ | Weekly | 13.5% | 0.72 | -45.8% | 66.7% | 15 | 3.0% |
| 12 | FRAMA 200 Trend ✓ | Weekly | 11.5% | 0.72 | -34.3% | 50.0% | 116 | 1.0% |
| 13 | Ehlers TrendFlex ✓ | Weekly | 13.5% | 0.71 | -40.1% | 60.9% | 23 | 2.9% |
| 14 | ALMA 100 Trend ✓ | Weekly | 11.9% | 0.71 | -31.8% | 41.9% | 31 | 1.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Semiconductors (SMH)
0 of 628 tested setups beat buy-and-hold on Semiconductors (SMH) outright. Another 406 could get there with leverage they would survive — but 204 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Sine-Weighted MA | — | 1.82× | 2.54× |
| QQE | — | 1.11× | 2.37× |
| Trend Regularity Adaptive MA | — | 1.32× | 3.09× |
| Coppock (fast) | — | 1.41× | 2.98× |
| Ehlers Stochastic | — | 1.43× | 3.31× |
| CCI (30) | — | 1.44× | 2.77× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Semiconductors (SMH), TEMA 200 Trend on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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