Bullish Case: OIH has opportunity for a bullish turn given the Helium implied volatility is recently above market implied volatility, suggesting Helium's forecast could lead to undervalued bullish positions.


Bearish Case: Persistent negative price returns over multiple time frames signal possible underlying issues, implying a cautious long-term outlook for OIH.


Potential Outcomes:

1. Slight recovery on a neutral price forecast (55% chance).

2. Further declines, aligning with historical negative returns (25%).

3. Unforeseen bullish shifts due to external factors (20%).


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February 07, 2024


VanEck Vectors Oil Services Forecast

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



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OIH Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with OIH



XES Forecast + Options Trading Strategies   [XES]  SPDR Series Trust - SPDR Oil & Gas Equipment and Services (0.99)


HAL Forecast + Options Trading Strategies   [HAL]  Halliburton (0.98)


WHD Forecast + Options Trading Strategies   [WHD]  Cactus (0.94)


NE Forecast + Options Trading Strategies   [NE]  Noble (0.93)


VAL Forecast + Options Trading Strategies   [VAL]  Valaris (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to OIH



TROW Forecast + Options Trading Strategies   [TROW]  T. Rowe Price (-0.0)


NMM Forecast + Options Trading Strategies   [NMM]  Navios Maritime Partners L.P. - Unit (0.0)


MAN Forecast + Options Trading Strategies   [MAN]  ManpowerGroup (0.0)


PZZA Forecast + Options Trading Strategies   [PZZA]  Papa John's International (-0.0)


CARS Forecast + Options Trading Strategies   [CARS]  Cars.com (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against OIH



NKTX Forecast + Options Trading Strategies   [NKTX]  Nkarta (-0.72)


TGTX Forecast + Options Trading Strategies   [TGTX]  TG Therapeutics (-0.73)


RLX Forecast + Options Trading Strategies   [RLX]  RLX Technology (-0.73)


BND Forecast + Options Trading Strategies   [BND]  Vanguard Total Bond Market (-0.75)


OR Forecast + Options Trading Strategies   [OR]  Osisko Gold Royalties (-0.76)


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.

Most Recent OIH News






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