| OIH latest price $160.3000 (-7.65%) ($156.2000 - $163.8200) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.95% (three month average) |
RSI | 81 |
Latest Price | $160.3000(-7.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 4.8% a day on average for past five trading days. |
Weekly Trend | OIH advances 16.6% a week on average for past two weeks. |
Market Behavior | Value stocks 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(81%) XOP(80%) IWN(67%) IFRA(63%) IWD(62%) |
Factors Impacting OIH price | OIH will decline at least -3.475% 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 | -3.475% (StdDev 6.95%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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