| OIH latest price $260.0000 (3.17%) ($252.4000 - $261.4000) on Thu. Dec. 12, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 69 |
Latest Price | $260.0000(3.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.9% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.285% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.285% (StdDev 2.57%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.6% |
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