| OIH latest price $796.0000 (1.82%) ($776.2000 - $796.0000) on Wed. Aug. 1, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 78 |
Latest Price | $796.0000(1.82%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 4.1% 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(84%) IWM(64%) USO(59%) XAR(57%) SPY(56%) |
Factors Impacting OIH price | OIH will decline at least -0.965% in a week (0% probabilities). TLT(-26%) SHY(-4%) IGOV(-1%) TIP(5%) LQD(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 | -0.965% (StdDev 1.93%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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