Bullish Case: OIH's recent uptrend, trading up from a month, 90 days, a year, and two years ago, combined with a Helium implied volatility forecast that is higher than the market's, hints at potential undervaluation and bullish sentiment.


Bearish Case: Despite OIH's recent gains, the flat term structure and significant drop from five years ago indicate lingering uncertainties and potential resistance to further upward movement.


Potential Outcomes: Near-term neutrality with a hint of bullish potential due to upward price movement and bullish risk. Long-term outcomes are less predictable due to flat term structure indicating stability or lack of strong directional conviction.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 04, 2024


VanEck Vectors Oil Services Forecast

OIH        VanEck Vectors Oil Services
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with OIH



SBOW Forecast + Options Trading Strategies   SBOW  SilverBow Resources (0.94)


NOG Forecast + Options Trading Strategies   NOG  Northern Oil and Gas (0.93)


NE Forecast + Options Trading Strategies   NE  Noble (0.93)


VAL Forecast + Options Trading Strategies   VAL  Valaris (0.93)


EOG Forecast + Options Trading Strategies   EOG  EOG Resources (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to OIH



DAR Forecast + Options Trading Strategies   DAR  Darling Ingredients (0.0)


HOG Forecast + Options Trading Strategies   HOG  Harley-Davidson (0.0)


HIVE Forecast + Options Trading Strategies   HIVE  HIVE Blockchain (0.0)


BEN Forecast + Options Trading Strategies   BEN  Franklin Resources (-0.0)


MSFT Forecast + Options Trading Strategies   MSFT  Microsoft (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against OIH



FL Forecast + Options Trading Strategies   FL  Foot Locker (-0.72)


SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (-0.74)


TGTX Forecast + Options Trading Strategies   TGTX  TG Therapeutics (-0.76)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.83)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.85)


OIH News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






Become a more profitable investor with AI optimized trading strategies






×

Chat with OIH


 Ask any question about OIH!