Saturday, June 5, 2010

Oil Volatility: The Current Best Oil ETFs To Buy and to Sell

Oil has been extremely volatile in recent weeks. There are several oil ETFs on the market. We computed their relative strength values and sorted by our favorite indicator, RSIA, which averages short, medium and long terms.

We track all oil ETFs live, including performance charts and tables.

From most oversold to most overbought:

The top oversold ETF is the popular oil services holders ETF, OIH. HOU on the TSX is close behind (leveraged oil bull).

The top overbought ETF is the leveraged DUG, which is an ultra short (confirming that oil companies are in oversold territory).

Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).

Stumble Upon Toolbar

No comments:

Financial TV

Blog Archive

// adding Google analytics