| OIH latest price $108.6700 (0.52%) ($105.9000 - $111.5900) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.67% (three month average) |
RSI | 67 |
Latest Price | $108.6700(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(82%) XOP(80%) IWN(69%) IFRA(65%) IWD(64%) |
Factors Impacting OIH price | OIH will decline at least -3.835% in a week (0% probabilities). VIXM(-35%) UUP(-21%) TLT(-21%) VXX(-13%) BNDX(-13%) |
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 | -3.835% (StdDev 7.67%) |
Hourly BBV | 1.9 () |
Intraday Trend | -0.1% |
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