| OIH latest price $318.0600 (1.87%) ($308.3100 - $319.3800) on Tue. Jan. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 68 |
Latest Price | $318.0600(1.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.9% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.8% 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) XLE(86%) XOP(86%) USO(68%) VYM(62%) XME(62%) |
Factors Impacting OIH price | OIH will decline at least -1.32% in a week (0% probabilities). VIXM(-32%) SHY(-32%) BNDX(-28%) BND(-20%) UUP(-16%) |
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 | -1.32% (StdDev 2.64%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.9% |
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