| OIH latest price $287.6000 (1.74%) ($283.8100 - $290.4400) on Fri. Jun. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 56 |
Latest Price | $287.6000(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.5% a day on average for past five trading days. |
Weekly Trend | OIH advances 0.9% 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(65%) XME(60%) IWN(55%) |
Factors Impacting OIH price | OIH will decline at least -1.09% in a week (0% probabilities). UUP(-17%) VXX(-16%) VIXM(-13%) TBT(-10%) SHY(-1%) |
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 | -1.09% (StdDev 2.18%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
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