| OIH latest price $292.7000 (-0.58%) ($289.7200 - $297.3200) on Wed. Dec. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 45 |
Latest Price | $292.7000(-0.58%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.7% a day on average for past five trading days. |
Weekly Trend | OIH declines -2.5% 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%) IWN(58%) IWM(57%) PAVE(56%) IWO(55%) |
Factors Impacting OIH price | OIH will decline at least -1.5% in a week (0% probabilities). SHY(-28%) BNDX(-26%) VIXM(-10%) UUP(-6%) BWX(-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 | -1.5% (StdDev 3%) |
Hourly BBV | 0.9 () |
Intraday Trend | -1.3% |
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