| OIH latest price $302.7600 (2.17%) ($293.6600 - $303.3400) on Fri. Jun. 3, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 75 |
Latest Price | $302.7600(2.17%) |
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 5.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(59%) IWD(58%) IFRA(57%) IWN(57%) IWM(56%) |
Factors Impacting OIH price | OIH will decline at least -1.58% in a week (0% probabilities). VIXM(-22%) UUP(-22%) SHY(-14%) BNDX(-10%) TLT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.58% (StdDev 3.16%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.1% |
| |
|
|