| OIH latest price $225.0800 (3.28%) ($214.7500 - $225.3400) on Mon. May. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 81 |
Latest Price | $225.0800(3.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.2% a day on average for past five trading days. |
Weekly Trend | OIH advances 7.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(73%) XOP(70%) IWN(58%) IFRA(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.5% in a week (0% probabilities). VIXM(-27%) UUP(-20%) TLT(-15%) SHY(-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 | -1.5% (StdDev 3%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.9% |
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