| OIH latest price $269.4700 (-2.51%) ($268.9100 - $274.8900) on Mon. Jun. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 54 |
Latest Price | $269.4700(-2.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.1% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XOP(85%) XLE(84%) USO(66%) XME(61%) IWN(56%) |
Factors Impacting OIH price | OIH will decline at least -1.275% in a week (0% probabilities). UUP(-17%) VXX(-15%) VIXM(-13%) TBT(-8%) BWX(-7%) |
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 | -1.275% (StdDev 2.55%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.3% |
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