| OIH latest price $235.2600 (1.62%) ($230.6900 - $237.4200) on Wed. Feb. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 65 |
Latest Price | $235.2600(1.62%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.2% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(66%) XOP(62%) IFRA(56%) IWD(54%) IWN(54%) |
Factors Impacting OIH price | OIH will decline at least -1.325% in a week (0% probabilities). VIXM(-23%) UUP(-20%) SHY(-13%) BNDX(-9%) TLT(-6%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 0.4 () |
Intraday Trend | 1.4% |
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