| OIH latest price $357.4700 (3.04%) ($350.6100 - $359.5500) on Wed. Sep. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 54 |
Latest Price | $357.4700(3.04%) |
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 -1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(90%) XOP(90%) USO(69%) XME(63%) XAR(56%) |
Factors Impacting OIH price | OIH will decline at least -0.745% in a week (0% probabilities). UUP(-13%) TBT(-11%) VXX(-8%) VIXM(-3%) BNDX(-2%) |
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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.5% |
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