| OIH latest price $132.0900 (-0.02%) ($130.2200 - $133.4300) on Fri. Jul. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.43% (three month average) |
RSI | 56 |
Latest Price | $132.0900(-0.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.7% a day on average for past five trading days. |
Weekly Trend | OIH advances 4.4% 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(77%) IWN(64%) IFRA(60%) IWD(59%) |
Factors Impacting OIH price | OIH will decline at least -2.715% in a week (0% probabilities). VIXM(-28%) UUP(-19%) TLT(-19%) 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 | -2.715% (StdDev 5.43%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.5% |
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