| OIH latest price $241.3000 (-2.76%) ($235.9300 - $252.8700) on Tue. Mar. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 60 |
Latest Price | $241.3000(-2.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(65%) XOP(62%) IFRA(56%) IWD(55%) IWN(54%) |
Factors Impacting OIH price | OIH will decline at least -1.195% in a week (0% probabilities). VIXM(-23%) UUP(-20%) SHY(-14%) BNDX(-10%) TLT(-7%) |
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 | -1.195% (StdDev 2.39%) |
Hourly BBV | -0.5 () |
Intraday Trend | -4% |
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