| OIH latest price $984.0000 (0.2%) ($978.8000 - $986.6000) on Thu. Oct. 17, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.93% (three month average) |
RSI | 65 |
Latest Price | $984.0000(0.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.5% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.3% 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(63%) USO(59%) XAR(57%) SPY(55%) |
Factors Impacting OIH price | OIH will decline at least -0.465% in a week (0% probabilities). TLT(-26%) BNDX(-9%) SHY(-3%) IGOV(-2%) GLD(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.465% (StdDev 0.93%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|