| OIH latest price $119.5300 (18.94%) ($113.3900 - $123.1800) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.77% (three month average) |
RSI | 67 |
Latest Price | $119.5300(18.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 3.6% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally 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 -1.885% in a week (0% probabilities). VIXM(-28%) 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 | -1.885% (StdDev 3.77%) |
Hourly BBV | 1.6 () |
Intraday Trend | 4.4% |
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