| OIH latest price $230.6800 (-0.05%) ($224.7800 - $234.9000) on Thu. Jul. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.47% (three month average) |
RSI | 53 |
Latest Price | $230.6800(-0.05%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.8% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.8% 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(58%) IWN(57%) IWM(56%) PAVE(55%) IFRA(54%) |
Factors Impacting OIH price | OIH will decline at least -1.735% 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 | -1.735% (StdDev 3.47%) |
Hourly BBV | 1.2 () |
Intraday Trend | -1.1% |
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