| OIH latest price $131.4200 (0.45%) ($127.5100 - $134.1100) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.34% (three month average) |
RSI | 60 |
Latest Price | $131.4200(0.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.7% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.7% 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(81%) XOP(79%) IWN(67%) IFRA(63%) IWD(62%) |
Factors Impacting OIH price | OIH will decline at least -3.17% in a week (0% probabilities). VIXM(-33%) TLT(-21%) UUP(-20%) BNDX(-14%) 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 | -3.17% (StdDev 6.34%) |
Hourly BBV | -0.8 () |
Intraday Trend | 1.6% |
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