| OIH latest price $299.7100 (2.14%) ($292.1600 - $299.7100) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 36 |
Latest Price | $299.7100(2.14%) |
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 -2.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XOP(95%) ONLN(89%) USO(84%) XME(83%) ICLN(77%) |
Factors Impacting OIH price | OIH will decline at least -0.84% in a week (0% probabilities). VXX(-26%) VIXM(-15%) TBT(-11%) UUP(-9%) BNDX(-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 | -0.84% (StdDev 1.68%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.8% |
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