| OIH latest price $161.7600 (7.37%) ($153.6400 - $161.7600) on Fri. Dec. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.3% (three month average) |
RSI | 79 |
Latest Price | $161.7600(7.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.9% a day on average for past five trading days. |
Weekly Trend | OIH advances 6.6% 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) XLE(76%) XOP(74%) IWN(60%) IFRA(58%) XME(57%) |
Factors Impacting OIH price | OIH will decline at least -2.15% in a week (0% probabilities). VIXM(-27%) UUP(-21%) TLT(-16%) SHY(-12%) BNDX(-12%) |
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 | -2.15% (StdDev 4.3%) |
Hourly BBV | 1.6 () |
Intraday Trend | 5.1% |
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