| OIH latest price $312.2800 (-2.11%) ($310.8600 - $317.5400) on Wed. Nov. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 62 |
Latest Price | $312.2800(-2.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.7% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) IWD(60%) IWN(59%) IWM(58%) IWO(56%) PAVE(56%) |
Factors Impacting OIH price | OIH will decline at least -1.535% in a week (0% probabilities). SHY(-25%) BNDX(-24%) VIXM(-12%) UUP(-11%) 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 | -1.535% (StdDev 3.07%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.2% |
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