| OIH latest price $282.0400 (1.33%) ($278.8400 - $286.2200) on Mon. Apr. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 60 |
Latest Price | $282.0400(1.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(86%) XOP(86%) USO(70%) XME(63%) VYM(60%) |
Factors Impacting OIH price | OIH will decline at least -1.265% in a week (0% probabilities). VXX(-24%) VIXM(-23%) SHY(-18%) UUP(-15%) EDOC(-13%) |
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 | -1.265% (StdDev 2.53%) |
Hourly BBV | 0.5 () |
Intraday Trend | 1.2% |
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