| OIH latest price $729.4000 (3.19%) ($723.6000 - $734.2600) on Tue. Sep. 8, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 68 |
Latest Price | $729.4000(3.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.8% a day on average for past five trading days. |
Weekly Trend | OIH declines -0.5% 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(85%) IWM(66%) SPY(61%) USO(60%) PEJ(58%) |
Factors Impacting OIH price | OIH will decline at least -1.125% in a week (0% probabilities). TLT(-31%) SHY(-7%) TIP(1%) LQD(4%) IGOV(6%) |
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 | 0.3% |
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