| OIH latest price $849.4000 (-0.93%) ($839.8000 - $856.6000) on Tue. Sep. 18, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 61 |
Latest Price | $849.4000(-0.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.1% 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 -0.83% 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 | -0.83% (StdDev 1.66%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|