| OIH latest price $562.7300 (2.63%) ($546.6700 - $562.7300) on Wed. Jan. 12, 2005. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 46 |
Latest Price | $562.7300(2.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.8% a day on average for past five trading days. |
Weekly Trend | OIH declines -1.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) IWM(66%) SPY(65%) EEM(62%) EWI(60%) EWG(59%) |
Factors Impacting OIH price | OIH will decline at least -0.885% in a week (0% probabilities). TLT(-31%) SHY(-14%) TIP(-3%) REMX(1%) LQD(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.885% (StdDev 1.77%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|