| OIH latest price $109.7800 (-3.63%) ($107.4300 - $115.7100) on Thu. Apr. 30, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.46% (three month average) |
RSI | 58 |
Latest Price | $109.7800(-3.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 2.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 6.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(82%) XOP(80%) IWN(69%) IFRA(65%) IWD(64%) |
Factors Impacting OIH price | OIH will decline at least -3.73% in a week (0% probabilities). VIXM(-35%) TLT(-21%) UUP(-20%) VXX(-13%) BNDX(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.73% (StdDev 7.46%) |
Hourly BBV | 0.6 () |
Intraday Trend | -5.1% |
| |
|
|