| OIH latest price $526.7300 (-0.84%) ($517.8000 - $545.3300) on Wed. Dec. 17, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.38% (three month average) |
RSI | 40 |
Latest Price | $526.7300(-0.84%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.2% a day on average for past five trading days. |
Weekly Trend | OIH advances 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(86%) IWM(67%) SPY(63%) USO(61%) EEM(60%) |
Factors Impacting OIH price | OIH will decline at least -3.69% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.69% (StdDev 7.38%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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