| OIH latest price $362.3000 (2.44%) ($357.0500 - $364.0800) on Tue. Sep. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 83 |
Latest Price | $362.3000(2.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.6% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.2% 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) XLE(89%) XOP(88%) USO(69%) XME(60%) VYM(54%) |
Factors Impacting OIH price | OIH will decline at least -0.73% in a week (0% probabilities). UUP(-11%) TBT(-10%) VXX(-7%) VIXM(-4%) SHY(-4%) |
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 | -0.73% (StdDev 1.46%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
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