| OIH latest price $101.1400 (1.55%) ($100.1100 - $104.4600) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.98% (three month average) |
RSI | 53 |
Latest Price | $101.1400(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.8% 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(79%) XOP(76%) IWN(63%) IFRA(59%) IWD(58%) |
Factors Impacting OIH price | OIH will decline at least -1.49% in a week (0% probabilities). VIXM(-29%) UUP(-19%) TLT(-18%) BNDX(-13%) VXX(-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 | -1.49% (StdDev 2.98%) |
Hourly BBV | 0.1 () |
Intraday Trend | 1% |
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