| OIH latest price $249.2100 (1.56%) ($242.6800 - $251.1100) on Thu. Oct. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 55 |
Latest Price | $249.2100(1.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 3.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) IWD(60%) IWM(58%) IWN(58%) PAVE(57%) IWO(56%) |
Factors Impacting OIH price | OIH will decline at least -1.61% in a week (0% probabilities). SHY(-21%) BNDX(-16%) VIXM(-15%) UUP(-15%) VXX(-4%) |
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 | -1.61% (StdDev 3.22%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.7% |
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