| OIH latest price $323.5300 (0.89%) ($318.6500 - $325.0500) on Mon. Jul. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 89 |
Latest Price | $323.5300(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.8% a day on average for past five trading days. |
Weekly Trend | OIH advances 7.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(68%) XME(60%) IWN(55%) |
Factors Impacting OIH price | OIH will decline at least -1.115% in a week (0% probabilities). VXX(-15%) UUP(-13%) TBT(-13%) VIXM(-10%) SHY(-0%) |
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 | -1.115% (StdDev 2.23%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1.5% |
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