| OIH latest price $124.4500 (3.56%) ($120.8550 - $125.7200) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 39 |
Latest Price | $124.4500(3.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.3% a day on average for past five trading days. |
Weekly Trend | OIH declines -4.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(80%) XOP(78%) IWN(64%) IFRA(61%) IWD(59%) |
Factors Impacting OIH price | OIH will decline at least -2.86% in a week (0% probabilities). VIXM(-29%) UUP(-20%) TLT(-19%) BNDX(-13%) VXX(-11%) |
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 | -2.86% (StdDev 5.72%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.9% |
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