| OIH latest price $807.7300 (1.16%) ($798.6700 - $813.5300) on Tue. Nov. 2, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 54 |
Latest Price | $807.7300(1.16%) |
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 advances 0.6% 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(60%) USO(60%) PEJ(57%) |
Factors Impacting OIH price | OIH will decline at least -0.795% in a week (0% probabilities). TLT(-30%) SHY(-5%) REMX(0%) TIP(2%) IGOV(4%) |
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 | -0.795% (StdDev 1.59%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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