| OIH latest price $132.1100 (3.16%) ($127.4500 - $132.5460) on Thu. Jul. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.44% (three month average) |
RSI | 60 |
Latest Price | $132.1100(3.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal 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 -2.72% in a week (0% probabilities). VIXM(-28%) UUP(-20%) TLT(-18%) BNDX(-13%) SHY(-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 | -2.72% (StdDev 5.44%) |
Hourly BBV | 0.7 () |
Intraday Trend | 3.4% |
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