| OIH latest price $307.9200 (-0.74%) ($307.8400 - $315.1500) on Mon. Dec. 18, 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 | $307.9200(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.7% a day on average for past five trading days. |
Weekly Trend | OIH declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XOP(93%) XHB(96%) ONLN(91%) ACES(89%) DRIV(89%) |
Factors Impacting OIH price | OIH will decline at least -0.875% in a week (0% probabilities). TBT(-61%) EDOC(-60%) UUP(-6%) XLP(-3%) SPLV(-3%) |
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 | -0.7 () |
Intraday Trend | -1.2% |
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