| OIH latest price $315.7800 (0.87%) ($313.8300 - $318.5600) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 34 |
Latest Price | $315.7800(0.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.4% a day on average for past five trading days. |
Weekly Trend | OIH declines -1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XOP(94%) IVW(83%) SPY(81%) XME(78%) IWM(75%) |
Factors Impacting OIH price | OIH will decline at least -0.835% in a week (0% probabilities). VXX(-22%) UUP(-12%) SHY(-12%) VIXM(-11%) BNDX(-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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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