| OIH latest price $229.0400 (-1.14%) ($228.5900 - $233.2800) on Fri. Jun. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 41 |
Latest Price | $229.0400(-1.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.1% a day on average for past five trading days. |
Weekly Trend | OIH declines -1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(72%) XOP(70%) IWN(59%) IFRA(57%) IWD(56%) |
Factors Impacting OIH price | OIH will decline at least -1.355% in a week (0% probabilities). VIXM(-29%) UUP(-21%) TLT(-15%) SHY(-13%) BNDX(-13%) |
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 | -1.355% (StdDev 2.71%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.6% |
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