| OIH latest price $226.3200 (-1.78%) ($222.5000 - $238.5120) on Thu. Jan. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 66 |
Latest Price | $226.3200(-1.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.7% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -1.315% 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 | -1.315% (StdDev 2.63%) |
Hourly BBV | -0.7 () |
Intraday Trend | -3.4% |
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