| OIH latest price $317.6900 (-3.44%) ($316.7800 - $328.5400) on Thu. Feb. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 49 |
Latest Price | $317.6900(-3.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.2% a day on average for past five trading days. |
Weekly Trend | OIH declines -0.3% 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) XLE(87%) XOP(86%) USO(69%) VYM(63%) XME(61%) |
Factors Impacting OIH price | OIH will decline at least -1.175% in a week (0% probabilities). SHY(-35%) VIXM(-31%) BNDX(-28%) BND(-21%) TLT(-14%) |
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 | -1.175% (StdDev 2.35%) |
Hourly BBV | -1.4 () |
Intraday Trend | -3.3% |
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