| OIH latest price $99.3900 (-8.54%) ($97.6700 - $107.5400) on Wed. May. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.73% (three month average) |
RSI | 54 |
Latest Price | $99.3900(-8.54%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based 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 -3.865% in a week (0% probabilities). VIXM(-35%) UUP(-21%) TLT(-21%) VXX(-13%) BNDX(-13%) |
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 | -3.865% (StdDev 7.73%) |
Hourly BBV | -1.6 () |
Intraday Trend | -7.6% |
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