| OIH latest price $531.8000 (-2.67%) ($529.8000 - $540.6000) on Mon. Dec. 28, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 40 |
Latest Price | $531.8000(-2.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.2% a day on average for past five trading days. |
Weekly Trend | OIH declines -2.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(86%) XOP(84%) IWN(70%) IWD(67%) IVE(65%) |
Factors Impacting OIH price | OIH will decline at least -1.17% in a week (0% probabilities). TLT(-26%) VIXM(-21%) UUP(-14%) BNDX(-9%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.17% (StdDev 2.34%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|