| OIH latest price $219.8900 (-0.79%) ($213.2200 - $220.4400) on Wed. Jul. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.45% (three month average) |
RSI | 38 |
Latest Price | $219.8900(-0.79%) |
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 -2.8% a week on average for past two weeks. |
Market Behavior | Growth 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) IWD(58%) IWM(56%) IWN(56%) IFRA(54%) IWO(54%) |
Factors Impacting OIH price | OIH will decline at least -1.725% in a week (0% probabilities). UUP(-21%) VIXM(-19%) SHY(-16%) BNDX(-12%) VXX(-4%) |
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 | -1.725% (StdDev 3.45%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.9% |
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