| OIH latest price $341.8300 (-0.13%) ($340.7200 - $345.7600) on Fri. Aug. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 72 |
Latest Price | $341.8300(-0.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(87%) XOP(86%) USO(68%) XME(60%) IWN(54%) |
Factors Impacting OIH price | OIH will decline at least -0.97% in a week (0% probabilities). EDOC(-23%) VXX(-15%) UUP(-12%) TBT(-12%) VIXM(-10%) |
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 | -0.97% (StdDev 1.94%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.7% |
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