| OIH latest price $231.6300 (-0.42%) ($221.7900 - $235.0700) on Fri. Jul. 1, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 27 |
Latest Price | $231.6300(-0.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.2% a day on average for past five trading days. |
Weekly Trend | OIH declines -5.6% 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) IWD(56%) IWN(55%) XLE(55%) IFRA(54%) IWM(54%) |
Factors Impacting OIH price | OIH will decline at least -1.61% in a week (0% probabilities). UUP(-22%) VIXM(-19%) SHY(-17%) BNDX(-15%) TLT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.61% (StdDev 3.22%) |
Hourly BBV | -0.4 () |
Intraday Trend | -1.1% |
| |
|
|