| OIH latest price $313.0700 (1.67%) ($308.3600 - $313.5300) on Tue. Dec. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 50 |
Latest Price | $313.0700(1.67%) |
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 -0.2% 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) ONLN(91%) XOP(93%) XHB(96%) 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 | 1.3 () |
Intraday Trend | 1% |
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