| OIH latest price $178.9900 (-4.4%) ($176.0000 - $183.8200) on Fri. Jan. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.15% (three month average) |
RSI | 73 |
Latest Price | $178.9900(-4.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 8.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(75%) XOP(73%) IWN(59%) IFRA(57%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -2.075% 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 | -2.075% (StdDev 4.15%) |
Hourly BBV | -1 () |
Intraday Trend | -2.3% |
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