| OIH latest price $230.8000 (4.92%) ($220.7900 - $231.7600) on Wed. Jul. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.49% (three month average) |
RSI | 54 |
Latest Price | $230.8000(4.92%) |
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 advances 0.9% 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(57%) IWM(56%) IWN(56%) IFRA(54%) IWO(54%) |
Factors Impacting OIH price | OIH will decline at least -1.745% in a week (0% probabilities). UUP(-20%) VIXM(-19%) SHY(-16%) BNDX(-11%) VXX(-4%) |
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 | -1.745% (StdDev 3.49%) |
Hourly BBV | 2.5 () |
Intraday Trend | 3% |
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