| OIH latest price $223.9600 (1.72%) ($222.7100 - $225.8300) on Fri. Oct. 15, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 73 |
Latest Price | $223.9600(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.9% a day on average for past five trading days. |
Weekly Trend | OIH advances 4.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(69%) XOP(66%) IFRA(56%) IWN(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.345% in a week (0% probabilities). VIXM(-26%) UUP(-19%) SHY(-13%) TLT(-11%) BNDX(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.345% (StdDev 2.69%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.6% |
| |
|
|