| OIH latest price $113.9200 (13.57%) ($104.7100 - $114.3600) on Wed. Apr. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.45% (three month average) |
RSI | 61 |
Latest Price | $113.9200(13.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 5.1% 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 | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(82%) XOP(80%) IWN(69%) IFRA(65%) IWD(64%) |
Factors Impacting OIH price | OIH will decline at least -3.725% in a week (0% probabilities). VIXM(-35%) TLT(-21%) UUP(-20%) VXX(-13%) BNDX(-12%) |
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 | -3.725% (StdDev 7.45%) |
Hourly BBV | 1.7 () |
Intraday Trend | 8.8% |
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