| OIH latest price $337.6300 (-0.33%) ($332.6990 - $339.5000) on Wed. Jul. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 88 |
Latest Price | $337.6300(-0.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(87%) XOP(86%) USO(68%) XME(60%) IWN(54%) |
Factors Impacting OIH price | OIH will decline at least -1.06% in a week (0% probabilities). VXX(-16%) TBT(-12%) UUP(-11%) VIXM(-10%) SHY(-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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.4% |
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