| OIH latest price $697.2000 (0.93%) ($689.6000 - $697.6000) on Fri. Dec. 9, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 77 |
Latest Price | $697.2000(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.8% a day on average for past five trading days. |
Weekly Trend | OIH advances 5.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(86%) XOP(84%) IWN(71%) IWD(66%) IVE(65%) |
Factors Impacting OIH price | OIH will decline at least -1.08% in a week (0% probabilities). TLT(-25%) VIXM(-19%) UUP(-14%) BNDX(-9%) IPO(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|