| OIH latest price $598.6000 (-0.7%) ($565.4700 - $649.0000) on Fri. Oct. 17, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 31 |
Latest Price | $598.6000(-0.7%) |
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 declines -16.1% 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(87%) IWM(68%) SPY(67%) EEM(62%) USO(62%) |
Factors Impacting OIH price | OIH will decline at least -2.645% in a week (0% probabilities). TLT(-32%) SHY(-12%) TIP(-2%) LQD(8%) GLD(13%) |
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 | -2.645% (StdDev 5.29%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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