| OIH latest price $913.2000 (1.53%) ($895.2000 - $913.2000) on Mon. May. 20, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 76 |
Latest Price | $913.2000(1.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.6% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.9% 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) XOP(84%) IWM(63%) USO(59%) XAR(57%) SPY(56%) |
Factors Impacting OIH price | OIH will decline at least -0.725% in a week (0% probabilities). TLT(-25%) SHY(-3%) IGOV(-2%) GLD(5%) TIP(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
| |
|
|