| OIH latest price $226.6000 (4.72%) ($215.2900 - $227.3100) on Wed. Mar. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 80 |
Latest Price | $226.6000(4.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.9% a day on average for past five trading days. |
Weekly Trend | OIH advances 7.7% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.47% 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 | -1.47% (StdDev 2.94%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.7% |
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