| OIH latest price $839.8000 (0.89%) ($837.4000 - $844.8000) on Wed. Sep. 12, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 53 |
Latest Price | $839.8000(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.1% a day on average for past five trading days. |
Weekly Trend | OIH advances 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(84%) IWM(64%) USO(59%) XAR(57%) SPY(56%) |
Factors Impacting OIH price | OIH will decline at least -0.84% in a week (0% probabilities). TLT(-26%) SHY(-3%) IGOV(-1%) TIP(6%) LQD(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.84% (StdDev 1.68%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|