| OIH latest price $129.4400 (3.02%) ($126.7600 - $129.7200) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.83% (three month average) |
RSI | 78 |
Latest Price | $129.4400(3.02%) |
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 8.2% a week on average for past two weeks. |
Market Behavior | Value stock 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(81%) XOP(79%) IWN(67%) IFRA(64%) IWD(63%) |
Factors Impacting OIH price | OIH will decline at least -3.915% in a week (0% probabilities). VIXM(-33%) TLT(-21%) UUP(-20%) BNDX(-13%) VXX(-12%) |
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 | -3.915% (StdDev 7.83%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
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