| OIH latest price $225.2800 (0.59%) ($223.0000 - $229.2800) on Mon. Oct. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 73 |
Latest Price | $225.2800(0.59%) |
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 | Rotation from value to growth 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 -1.33% in a week (0% probabilities). VIXM(-27%) UUP(-19%) SHY(-13%) TLT(-11%) BNDX(-11%) |
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 | -1.33% (StdDev 2.66%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.3% |
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