| OIH latest price $232.6000 (-2.39%) ($229.5700 - $238.8500) on Thu. Jun. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 25 |
Latest Price | $232.6000(-2.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1% a day on average for past five trading days. |
Weekly Trend | OIH declines -7.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) IWD(57%) XLE(56%) IWN(55%) IFRA(54%) IWM(54%) |
Factors Impacting OIH price | OIH will decline at least -1.605% in a week (0% probabilities). UUP(-22%) VIXM(-19%) SHY(-17%) BNDX(-16%) 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 | -1.605% (StdDev 3.21%) |
Hourly BBV | -1.9 () |
Intraday Trend | 0.3% |
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