| OIH latest price $347.2600 (1.08%) ($343.2100 - $349.1400) on Fri. Aug. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 63 |
Latest Price | $347.2600(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(88%) XOP(86%) USO(68%) XME(58%) VYM(54%) |
Factors Impacting OIH price | OIH will decline at least -0.94% in a week (0% probabilities). VXX(-13%) UUP(-11%) TBT(-10%) VIXM(-8%) SHY(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.94% (StdDev 1.88%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.1% |
| |
|
|