| OIH latest price $131.0800 (2.17%) ($127.6400 - $131.3100) on Wed. Jul. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 71 |
Latest Price | $131.0800(2.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.5% a day on average for past five trading days. |
Weekly Trend | OIH advances 5.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(79%) XOP(77%) IWN(64%) IFRA(60%) IWD(59%) |
Factors Impacting OIH price | OIH will decline at least -2.59% in a week (0% probabilities). VIXM(-28%) UUP(-19%) 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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 0.2 () |
Intraday Trend | 2.2% |
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