| OIH latest price $277.2800 (5.03%) ($264.9900 - $278.8100) on Fri. Oct. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 77 |
Latest Price | $277.2800(5.03%) |
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 advances 4.2% 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(59%) IWN(58%) IWM(57%) PAVE(56%) IWO(55%) |
Factors Impacting OIH price | OIH will decline at least -1.605% in a week (0% probabilities). SHY(-24%) BNDX(-21%) VIXM(-14%) UUP(-14%) VXX(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.605% (StdDev 3.21%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.6% |
| |
|
|