| OIH latest price $1206.3300 (-2.37%) ($1203.8000 - $1246.6700) on Tue. Dec. 11, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 46 |
Latest Price | $1206.3300(-2.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.6% a day on average for past five trading days. |
Weekly Trend | OIH declines -0.4% 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(68%) SPY(66%) EEM(63%) VWO(63%) |
Factors Impacting OIH price | OIH will decline at least -1.08% in a week (0% probabilities). TLT(-33%) SHY(-15%) TIP(-3%) JNK(6%) LQD(9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
| |
|
|