| OIH latest price $275.6200 (1.29%) ($270.0100 - $278.6300) on Wed. Jun. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 63 |
Latest Price | $275.6200(1.29%) |
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 advances 2.6% 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) XOP(85%) XLE(83%) USO(66%) XME(61%) IWN(55%) |
Factors Impacting OIH price | OIH will decline at least -1.14% in a week (0% probabilities). UUP(-18%) VXX(-16%) VIXM(-13%) EDOC(-13%) TBT(-9%) |
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 | -1.14% (StdDev 2.28%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.7% |
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