| OIH latest price $191.9850 (-1.58%) ($190.2200 - $193.4400) on Tue. Jul. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 39 |
Latest Price | $191.9850(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.7% a day on average for past five trading days. |
Weekly Trend | OIH declines -4.3% 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(71%) XOP(69%) IWN(58%) IFRA(57%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.495% in a week (0% probabilities). VIXM(-28%) UUP(-20%) TLT(-13%) 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 | -1.495% (StdDev 2.99%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.6% |
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