| OIH latest price $260.6000 (1.16%) ($260.2000 - $265.0000) on Mon. Dec. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 64 |
Latest Price | $260.6000(1.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.1% a day on average for past five trading days. |
Weekly Trend | OIH advances 4.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(85%) XOP(83%) IWN(73%) IFRA(68%) IWD(68%) |
Factors Impacting OIH price | OIH will decline at least -1.17% in a week (0% probabilities). VIXM(-47%) TLT(-24%) VXX(-20%) UUP(-10%) BNDX(-6%) |
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 | -1.17% (StdDev 2.34%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.1% |
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