| OIH latest price $1286.9300 (-3.46%) ($1282.6000 - $1326.6700) on Thu. Jul. 31, 2008. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.25% (three month average) |
| RSI | 42 |
| Latest Price | $1286.9300(-3.46%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | OIH advances 0.1% a day on average for past five trading days. |
| Weekly Trend | OIH declines -2.3% 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)
XOP(87%) IWM(68%) SPY(67%) EEM(63%) VWO(63%) |
| Factors Impacting OIH price | OIH will decline at least -1.125% in a week (0% probabilities).
TLT(-33%) SHY(-14%) TIP(-2%) LQD(10%) GLD(12%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -1.125% (StdDev 2.25%) |
| Hourly BBV | 0 () |
| Intraday Trend | -2.8% |
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