| OIH latest price $137.1100 (3.72%) ($134.4320 - $138.6400) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 65 |
Latest Price | $137.1100(3.72%) |
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 1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(79%) XOP(77%) IWN(64%) IFRA(60%) IWD(59%) |
Factors Impacting OIH price | OIH will decline at least -2.525% in a week (0% probabilities). VIXM(-29%) UUP(-19%) TLT(-19%) BNDX(-13%) SHY(-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 | -2.525% (StdDev 5.05%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.6% |
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