| OIH latest price $118.4400 (-2.82%) ($118.0800 - $124.7400) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.84% (three month average) |
RSI | 44 |
Latest Price | $118.4400(-2.82%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.1% a day on average for past five trading days. |
Weekly Trend | OIH declines -5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(80%) XOP(78%) IWN(65%) IFRA(61%) IWD(60%) |
Factors Impacting OIH price | OIH will decline at least -2.92% in a week (0% probabilities). VIXM(-30%) UUP(-20%) TLT(-19%) BNDX(-13%) VXX(-11%) |
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 | -2.92% (StdDev 5.84%) |
Hourly BBV | -0.5 () |
Intraday Trend | -3.3% |
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