| OIH latest price $299.8000 (2.21%) ($294.7000 - $301.1500) on Wed. Dec. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 47 |
Latest Price | $299.8000(2.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.5% a day on average for past five trading days. |
Weekly Trend | OIH declines -0.6% 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(59%) IWN(57%) IWM(56%) PAVE(55%) IWO(54%) |
Factors Impacting OIH price | OIH will decline at least -1.475% in a week (0% probabilities). SHY(-29%) BNDX(-28%) VIXM(-9%) UUP(-5%) BWX(-5%) |
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 | -1.475% (StdDev 2.95%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0% |
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