| OIH latest price $225.1000 (-1.36%) ($222.9900 - $231.9000) on Tue. Jan. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 80 |
Latest Price | $225.1000(-1.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.2% a day on average for past five trading days. |
Weekly Trend | OIH advances 8.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(66%) XOP(63%) IFRA(55%) IWD(54%) IWN(54%) |
Factors Impacting OIH price | OIH will decline at least -1.3% in a week (0% probabilities). VIXM(-24%) UUP(-20%) SHY(-13%) BNDX(-10%) TLT(-7%) |
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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 0.5 () |
Intraday Trend | -2.7% |
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