| OIH latest price $212.2400 (-2.32%) ($212.0100 - $223.8990) on Mon. May. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 79 |
Latest Price | $212.2400(-2.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 2.1% a day on average for past five trading days. |
Weekly Trend | OIH advances 8.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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(73%) XOP(71%) IWN(58%) IFRA(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.51% in a week (0% probabilities). VIXM(-28%) UUP(-20%) TLT(-15%) SHY(-12%) 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 | -1.51% (StdDev 3.02%) |
Hourly BBV | 0.7 () |
Intraday Trend | -3.5% |
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