| OIH latest price $119.9100 (-3.65%) ($119.7300 - $122.7500) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 33 |
Latest Price | $119.9100(-3.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.2% a day on average for past five trading days. |
Weekly Trend | OIH declines -3.9% a week on average for past two weeks. |
Market Behavior | Broad based 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(80%) XOP(78%) IWN(64%) IFRA(61%) IWD(59%) |
Factors Impacting OIH price | OIH will decline at least -2.87% in a week (0% probabilities). VIXM(-29%) 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 | -2.87% (StdDev 5.74%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2% |
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