| OIH latest price $235.0000 (3.85%) ($229.4900 - $235.4900) on Tue. Oct. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.32% (three month average) |
RSI | 41 |
Latest Price | $235.0000(3.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 3% a day on average for past five trading days. |
Weekly Trend | OIH declines -3.6% 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(60%) IWM(58%) IWN(58%) PAVE(57%) IWO(56%) |
Factors Impacting OIH price | OIH will decline at least -1.66% in a week (0% probabilities). SHY(-21%) UUP(-16%) VIXM(-15%) BNDX(-14%) 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 | -1.66% (StdDev 3.32%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.7% |
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