| OIH latest price $130.9300 (8.09%) ($123.8600 - $132.5900) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 57 |
Latest Price | $130.9300(8.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.8% 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 | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(80%) XOP(77%) IWN(64%) IFRA(60%) IWD(59%) |
Factors Impacting OIH price | OIH will decline at least -2.775% in a week (0% probabilities). VIXM(-29%) UUP(-19%) TLT(-18%) 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 | -2.775% (StdDev 5.55%) |
Hourly BBV | -1.4 () |
Intraday Trend | 5.7% |
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