| OIH latest price $121.9900 (0.18%) ($119.7500 - $125.4900) on Thu. May. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.94% (three month average) |
RSI | 67 |
Latest Price | $121.9900(0.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.2% a day on average for past five trading days. |
Weekly Trend | OIH advances 5.9% a week on average for past two weeks. |
Market Behavior | Normal 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(81%) XOP(79%) IWN(68%) IFRA(64%) IWD(63%) |
Factors Impacting OIH price | OIH will decline at least -3.97% in a week (0% probabilities). VIXM(-34%) TLT(-21%) UUP(-20%) 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 | -3.97% (StdDev 7.94%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.3% |
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