| OIH latest price $200.9900 (5.56%) ($195.5400 - $202.5200) on Mon. Sep. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 59 |
Latest Price | $200.9900(5.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.7% a day on average for past five trading days. |
Weekly Trend | OIH advances 0.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally 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 -1.445% 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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.8% |
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