| OIH latest price $182.5900 (3.34%) ($179.0300 - $184.0200) on Tue. Aug. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.84% (three month average) |
RSI | 54 |
Latest Price | $182.5900(3.34%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.8% a day on average for past five trading days. |
Weekly Trend | OIH declines -2.8% a week on average for past two weeks. |
Market Behavior | Value stock 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(71%) XOP(68%) IWN(57%) IFRA(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.42% in a week (0% probabilities). VIXM(-28%) UUP(-20%) SHY(-13%) TLT(-12%) BNDX(-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 | -1.42% (StdDev 2.84%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.9% |
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