| OIH latest price $175.6500 (-0.73%) ($172.9500 - $179.1800) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 59 |
Latest Price | $175.6500(-0.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 2.6% a day on average for past five trading days. |
Weekly Trend | OIH advances 4.9% 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(75%) XOP(73%) IWN(60%) IFRA(57%) XME(56%) |
Factors Impacting OIH price | OIH will decline at least -2.02% 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 | -2.02% (StdDev 4.04%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.7% |
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