| OIH latest price $890.8700 (-2.81%) ($883.7300 - $910.4700) on Tue. Aug. 16, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 32 |
Latest Price | $890.8700(-2.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.6% a day on average for past five trading days. |
Weekly Trend | OIH declines -8% 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%) USO(60%) SPY(59%) PEJ(57%) |
Factors Impacting OIH price | OIH will decline at least -1.29% in a week (0% probabilities). TLT(-30%) SHY(-4%) TIP(2%) IGOV(3%) LQD(5%) |
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 | -1.29% (StdDev 2.58%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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