| OIH latest price $230.4200 (0.43%) ($226.2300 - $236.2000) on Wed. Jan. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 74 |
Latest Price | $230.4200(0.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.8% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.3% a week on average for past two weeks. |
Market Behavior | Value stocks 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(62%) IFRA(55%) IWD(54%) IWN(54%) |
Factors Impacting OIH price | OIH will decline at least -1.35% in a week (0% probabilities). VIXM(-23%) 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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 0.8 () |
Intraday Trend | -1.2% |
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