| OIH latest price $111.4500 (-2.81%) ($109.6600 - $113.8500) on Fri. May. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.86% (three month average) |
RSI | 57 |
Latest Price | $111.4500(-2.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.8% a day on average for past five trading days. |
Weekly Trend | OIH advances 4.9% 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(82%) XOP(80%) IWN(68%) IFRA(65%) IWD(64%) |
Factors Impacting OIH price | OIH will decline at least -3.93% in a week (0% probabilities). VIXM(-35%) TLT(-22%) UUP(-20%) 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 | -3.93% (StdDev 7.86%) |
Hourly BBV | -1.4 () |
Intraday Trend | -2.1% |
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