SMH Point & Figure Chart VanEck Semiconductor ETF
As of Nov 9, 2026, SMH is on a point & figure sell signal: a double bottom broke below 504.00 on Nov 4, 2026.
Recent SMH P&F signals
| Date | Signal | Pattern | Breakout price |
|---|---|---|---|
| Nov 4, 2026 | Sell | double bottom | 504.00 |
| Oct 30, 2026 | Sell | double bottom | 520.00 |
| Oct 28, 2026 | Buy | triple top | 560.00 |
| Oct 22, 2026 | Sell | triple bottom | 536.00 |
| Oct 13, 2026 | Sell | triple bottom | 588.00 |
| Sep 29, 2026 | Buy | triple top | 612.00 |
| Sep 18, 2026 | Buy | double top | 576.00 |
| Sep 14, 2026 | Sell | double bottom | 556.00 |
| Sep 8, 2026 | Buy | double top | 576.00 |
| Aug 18, 2026 | Sell | double bottom | 580.00 |
| Aug 17, 2026 | Buy | double top | 600.00 |
| Aug 12, 2026 | Buy | triple top | 588.00 |
How to read a point & figure chart
Point & figure plots price moves only, not time. A column of X is a rise and a column of O a fall. Each box is worth the box size; a new column starts only when price reverses by 3 boxes, so small moves are filtered out.
A buy signal (double top) fires when an X column rises above the top of the previous X column; a triple top when the two before it were level. A sell signal (double bottom) fires when an O column falls below the previous O column. Breakout boxes are shaded; the arrow marks the current signal.
Numbers and letters in the columns mark the first box of each month (1 = January … 9 = September, A/B/C = October to December). Signals describe past price action, not a forecast.