| OIH latest price $190.3800 (-0.47%) ($179.9900 - $191.9300) on Tue. Feb. 23, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 73 |
Latest Price | $190.3800(-0.47%) |
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 3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(74%) XOP(72%) IWN(59%) IFRA(57%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.505% in a week (0% probabilities). VIXM(-27%) UUP(-20%) TLT(-15%) SHY(-12%) BNDX(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.505% (StdDev 3.01%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.8% |
| |
|
|