| OIH latest price $531.2000 (2.29%) ($506.8700 - $533.7300) on Tue. Dec. 16, 2008. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 7.4% (three month average) |
| RSI | 50 |
| Latest Price | $531.2000(2.29%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | OIH advances 1.5% a day on average for past five trading days. |
| Weekly Trend | OIH declines -0.7% 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(86%) IWM(67%) SPY(63%) USO(61%) EEM(60%) |
| Factors Impacting OIH price | OIH will decline at least -3.7% in a week (0% probabilities).
TLT(-31%) SHY(-9%) TIP(-1%) LQD(4%) GLD(10%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -3.7% (StdDev 7.4%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.5% |
| | |
| |
|