| OIH latest price $190.7100 (0.38%) ($188.7100 - $192.9700) on Wed. Apr. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.92% (three month average) |
RSI | 31 |
Latest Price | $190.7100(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.1% a day on average for past five trading days. |
Weekly Trend | OIH declines -1.4% a week on average for past two weeks. |
Market Behavior | Normal 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(73%) XOP(71%) IWN(58%) IFRA(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.46% in a week (0% probabilities). VIXM(-27%) UUP(-21%) 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 | -1.46% (StdDev 2.92%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.2% |
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