| OIH latest price $286.9200 (1.85%) ($281.4800 - $287.9100) on Wed. May. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.23% (three month average) |
RSI | 56 |
Latest Price | $286.9200(1.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.5% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.4% 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) IWD(59%) XLE(59%) IFRA(57%) IWN(57%) PAVE(57%) |
Factors Impacting OIH price | OIH will decline at least -1.615% in a week (0% probabilities). UUP(-23%) VIXM(-22%) SHY(-14%) BNDX(-11%) 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 | -1.615% (StdDev 3.23%) |
Hourly BBV | 1.9 () |
Intraday Trend | 1.8% |
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