| OIH latest price $1170.3300 (-0.52%) ($1161.1300 - $1176.8700) on Thu. Aug. 30, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 53 |
Latest Price | $1170.3300(-0.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.1% 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) XOP(87%) IWM(67%) SPY(66%) VWO(63%) EEM(62%) |
Factors Impacting OIH price | OIH will decline at least -0.845% in a week (0% probabilities). TLT(-32%) SHY(-15%) TIP(-3%) LQD(9%) GLD(13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.845% (StdDev 1.69%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
| |
|
|