| OIH latest price $468.4700 (2.73%) ($461.8700 - $469.3300) on Wed. Jun. 16, 2004. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 56 |
Latest Price | $468.4700(2.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.2% a day on average for past five trading days. |
Weekly Trend | OIH advances 0.9% 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) IWM(66%) SPY(65%) EEM(61%) EWI(60%) EWG(59%) |
Factors Impacting OIH price | OIH will decline at least -0.88% in a week (0% probabilities). TLT(-30%) SHY(-14%) TIP(-2%) REMX(1%) LQD(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.88% (StdDev 1.76%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
| |
|
|