| OIH latest price $311.6800 (3.99%) ($304.7850 - $312.6000) on Thu. Dec. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 44 |
Latest Price | $311.6800(3.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.3% a day on average for past five trading days. |
Weekly Trend | OIH declines -2.1% a week on average for past two weeks. |
Market Behavior | Value 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) IPO(76%) SKYY(73%) ONLN(88%) IWM(76%) IWO(76%) |
Factors Impacting OIH price | OIH will decline at least -0.875% in a week (0% probabilities). VXX(-26%) VIXM(-12%) TBT(-9%) UUP(-8%) BNDX(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.875% (StdDev 1.75%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.3% |
| |
|
|