| OIH latest price $263.1300 (0.39%) ($259.0200 - $265.7850) on Tue. May. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 33 |
Latest Price | $263.1300(0.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.5% a day on average for past five trading days. |
Weekly Trend | OIH declines -4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(85%) XOP(85%) USO(70%) XME(63%) IWN(61%) |
Factors Impacting OIH price | OIH will decline at least -1.28% in a week (0% probabilities). VXX(-22%) VIXM(-20%) SHY(-16%) UUP(-14%) BNDX(-14%) |
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 | -1.28% (StdDev 2.56%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.1% |
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