| OIH latest price $144.8900 (9.63%) ($135.3600 - $145.2400) on Mon. Nov. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 83 |
Latest Price | $144.8900(9.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 2.1% a day on average for past five trading days. |
Weekly Trend | OIH advances 13.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(77%) XOP(74%) IWN(61%) IFRA(58%) XME(57%) |
Factors Impacting OIH price | OIH will decline at least -2.03% 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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 2.1 () |
Intraday Trend | 7% |
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