| OIH latest price $236.2300 (-0.6%) ($229.4000 - $237.9900) on Mon. Aug. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 49 |
Latest Price | $236.2300(-0.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.4% 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) IWD(59%) IWM(58%) IWN(58%) IWO(57%) PAVE(56%) |
Factors Impacting OIH price | OIH will decline at least -1.62% in a week (0% probabilities). UUP(-21%) VIXM(-18%) SHY(-15%) BNDX(-9%) 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 | -1.62% (StdDev 3.24%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.8% |
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