| OIH latest price $293.0000 (0.48%) ($290.8000 - $297.2000) on Wed. Jul. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 53 |
Latest Price | $293.0000(0.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1% a day on average for past five trading days. |
Weekly Trend | OIH declines -1.3% 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(85%) XOP(84%) IWN(73%) PAVE(68%) IWD(67%) |
Factors Impacting OIH price | OIH will decline at least -1.065% in a week (0% probabilities). VIXM(-47%) TLT(-25%) VXX(-21%) UUP(-8%) BNDX(-8%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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