| OIH latest price $310.2000 (-0.47%) ($306.0000 - $311.9900) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 45 |
Latest Price | $310.2000(-0.47%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.9% a day on average for past five trading days. |
Weekly Trend | OIH declines -1.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) ONLN(87%) IWM(74%) IWO(74%) IPO(73%) IWN(72%) |
Factors Impacting OIH price | OIH will decline at least -0.875% in a week (0% probabilities). TBT(-25%) VXX(-22%) VIXM(-9%) SPLV(-7%) UUP(-6%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.5% |
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