| OIH latest price $252.0000 (1.78%) ($247.4000 - $252.0000) on Wed. Dec. 11, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 69 |
Latest Price | $252.0000(1.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.1% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(85%) XOP(83%) IWN(73%) IFRA(68%) IWD(68%) |
Factors Impacting OIH price | OIH will decline at least -1.275% in a week (0% probabilities). VIXM(-47%) TLT(-24%) VXX(-20%) UUP(-10%) BNDX(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.275% (StdDev 2.55%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.8% |
| |
|
|