| OIH latest price $657.3300 (7.98%) ($610.0700 - $660.0000) on Thu. Oct. 30, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.02% (three month average) |
RSI | 58 |
Latest Price | $657.3300(7.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 2.2% a day on average for past five trading days. |
Weekly Trend | OIH declines -4.2% 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(86%) IWM(68%) SPY(65%) USO(62%) EEM(61%) |
Factors Impacting OIH price | OIH will decline at least -3.01% in a week (0% probabilities). TLT(-32%) SHY(-10%) TIP(-2%) LQD(4%) 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 | -3.01% (StdDev 6.02%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
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