| OIH latest price $210.2100 (-0.9%) ($204.7400 - $214.7300) on Thu. May. 13, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 78 |
Latest Price | $210.2100(-0.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 7.9% 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(73%) XOP(70%) IWN(58%) IFRA(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.485% in a week (0% probabilities). VIXM(-27%) UUP(-20%) TLT(-15%) SHY(-12%) BNDX(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.485% (StdDev 2.97%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0.5% |
| |
|
|