| OIH latest price $204.7100 (5.91%) ($194.0000 - $205.0700) on Wed. May. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 62 |
Latest Price | $204.7100(5.91%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.7% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(73%) XOP(71%) IWN(58%) IFRA(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.495% in a week (0% probabilities). VIXM(-28%) UUP(-21%) TLT(-15%) SHY(-12%) BNDX(-12%) |
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 | -1.495% (StdDev 2.99%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4.4% |
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