| OIH latest price $138.3900 (-2.48%) ($137.6360 - $141.2000) on Thu. Aug. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 57 |
Latest Price | $138.3900(-2.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.7% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth 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 -2.395% 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 | -2.395% (StdDev 4.79%) |
Hourly BBV | -1.1 () |
Intraday Trend | -1.3% |
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