| OIH latest price $240.2500 (7.64%) ($221.6500 - $241.6300) on Wed. Jun. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 67 |
Latest Price | $240.2500(7.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 3.1% a day on average for past five trading days. |
Weekly Trend | OIH advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(73%) XOP(70%) IWN(59%) IFRA(57%) IWD(56%) |
Factors Impacting OIH price | OIH will decline at least -1.47% in a week (0% probabilities). VIXM(-28%) UUP(-20%) TLT(-15%) SHY(-13%) 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 | 1.6 () |
Intraday Trend | 6.3% |
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