| OIH latest price $98.2300 (-3.8%) ($97.1700 - $100.7600) on Mon. Oct. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 51 |
Latest Price | $98.2300(-3.8%) |
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 declines -0.6% 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(78%) XOP(76%) IWN(63%) IFRA(59%) IWD(58%) |
Factors Impacting OIH price | OIH will decline at least -1.425% in a week (0% probabilities). VIXM(-29%) UUP(-19%) TLT(-18%) BNDX(-13%) SHY(-12%) |
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 | -1.425% (StdDev 2.85%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.5% |
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