As of July 7, 2026, SMH is showing a Double Top pattern with 61% confidence on the daily timeframe. SCTR 9.6 (bullish zone), Fluid Bear trend. EdgeOS buy trigger $599.52 · Target $622.94 · Stop $585.06.
Yes. SMH is currently showing a Double Top pattern with 61% confidence on the daily timeframe (detected 7/7/2026).
The SMH Double Top has a confidence score of 61%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.
SMH's EdgeOS buy trigger is $599.52, target $622.94 (Saty ATR +1), stop below $585.06.
The Double Top has a historical win rate of 59% when traded with proper volume confirmation and stop placement. Average time to target: 16 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open SMH on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice