| OIH latest price $132.1900 (3.02%) ($127.4700 - $133.0100) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 59 |
Latest Price | $132.1900(3.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.6% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.5% 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(79%) XOP(77%) IWN(64%) IFRA(60%) IWD(59%) |
Factors Impacting OIH price | OIH will decline at least -2.52% in a week (0% probabilities). VIXM(-29%) 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 | -2.52% (StdDev 5.04%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.7% |
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