| OIH latest price $257.6000 (-0.92%) ($256.8500 - $262.8000) on Fri. Dec. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 67 |
Latest Price | $257.6000(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.9% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(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(-6%) |
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 | 0.3 () |
Intraday Trend | -1.3% |
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