| OIH latest price $284.7900 (1.32%) ($267.9400 - $285.9200) on Tue. Mar. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 53 |
Latest Price | $284.7900(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.5% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.4% 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(64%) XOP(62%) IWD(60%) IFRA(58%) IWN(58%) |
Factors Impacting OIH price | OIH will decline at least -1.4% in a week (0% probabilities). VIXM(-27%) UUP(-23%) SHY(-14%) BNDX(-10%) 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 | -1.4% (StdDev 2.8%) |
Hourly BBV | 0.4 () |
Intraday Trend | 4.3% |
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