| OIH latest price $174.8500 (4.01%) ($170.2500 - $177.9200) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 56 |
Latest Price | $174.8500(4.01%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 3% a day on average for past five trading days. |
Weekly Trend | OIH advances 0.7% 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(75%) XOP(73%) IWN(60%) IFRA(57%) XME(56%) |
Factors Impacting OIH price | OIH will decline at least -2.035% in a week (0% probabilities). VIXM(-27%) UUP(-20%) TLT(-16%) SHY(-12%) BNDX(-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 | -2.035% (StdDev 4.07%) |
Hourly BBV | 1 () |
Intraday Trend | 2% |
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