| OIH latest price $162.1200 (2.74%) ($155.0000 - $162.3300) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 71 |
Latest Price | $162.1200(2.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 2.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 7.4% a week on average for past two weeks. |
Market Behavior | Value stock 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 -2.105% 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 | -2.105% (StdDev 4.21%) |
Hourly BBV | 1.4 () |
Intraday Trend | 4.2% |
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