| OIH latest price $222.0000 (6.35%) ($206.5900 - $222.5200) on Fri. Mar. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 76 |
Latest Price | $222.0000(6.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 2.1% a day on average for past five trading days. |
Weekly Trend | OIH advances 7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.435% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.435% (StdDev 2.87%) |
Hourly BBV | 2.3 () |
Intraday Trend | 3.7% |
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