| OIH latest price $101.4500 (-0.86%) ($97.3700 - $103.4300) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 48 |
Latest Price | $101.4500(-0.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 2.2% a day on average for past five trading days. |
Weekly Trend | OIH declines -0.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(78%) XOP(76%) IWN(63%) IFRA(59%) IWD(58%) |
Factors Impacting OIH price | OIH will decline at least -1.485% 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 | -1.485% (StdDev 2.97%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.7% |
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