| OIH latest price $187.2200 (3.92%) ($181.1200 - $189.8600) on Thu. Jan. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.1% (three month average) |
RSI | 77 |
Latest Price | $187.2200(3.92%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.2% a day on average for past five trading days. |
Weekly Trend | OIH advances 8.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -2.05% 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 | -2.05% (StdDev 4.1%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.1% |
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