| OIH latest price $185.5500 (-2.6%) ($184.6400 - $191.0100) on Fri. Sep. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 45 |
Latest Price | $185.5500(-2.6%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(70%) XOP(67%) IFRA(56%) IWN(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.38% in a week (0% probabilities). VIXM(-27%) UUP(-19%) SHY(-13%) TLT(-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 | -1.38% (StdDev 2.76%) |
Hourly BBV | -1.4 () |
Intraday Trend | -1.8% |
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