| OIH latest price $298.1200 (-0.19%) ($297.9810 - $305.0000) on Tue. Nov. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 82 |
Latest Price | $298.1200(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1% a day on average for past five trading days. |
Weekly Trend | OIH advances 9.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) IWD(58%) IWN(58%) IWM(57%) PAVE(55%) IWO(54%) |
Factors Impacting OIH price | OIH will decline at least -1.54% in a week (0% probabilities). SHY(-25%) BNDX(-23%) VIXM(-12%) UUP(-12%) VXX(-3%) |
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 | -1.54% (StdDev 3.08%) |
Hourly BBV | 0.6 () |
Intraday Trend | -2.2% |
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