| OIH latest price $187.8000 (-1.47%) ($184.8750 - $191.7200) on Thu. Aug. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 51 |
Latest Price | $187.8000(-1.47%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.6% 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 | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(71%) XOP(69%) IWN(57%) IFRA(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.395% in a week (0% probabilities). VIXM(-28%) UUP(-20%) SHY(-13%) TLT(-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 | -1.395% (StdDev 2.79%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.4% |
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