| OIH latest price $132.1600 (-1.53%) ($131.1000 - $134.6900) on Fri. Nov. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 80 |
Latest Price | $132.1600(-1.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 2% a day on average for past five trading days. |
Weekly Trend | OIH advances 13.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(77%) XOP(75%) IWN(61%) IFRA(58%) XME(57%) |
Factors Impacting OIH price | OIH will decline at least -1.96% in a week (0% probabilities). VIXM(-26%) UUP(-21%) TLT(-17%) BNDX(-12%) 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 | -1.96% (StdDev 3.92%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.2% |
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