| OIH latest price $202.4700 (-3.9%) ($199.0700 - $208.1400) on Wed. Oct. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 56 |
Latest Price | $202.4700(-3.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.3% a day on average for past five trading days. |
Weekly Trend | OIH advances 5.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(69%) XOP(67%) IFRA(56%) IWN(56%) IWD(55%) |
Factors Impacting OIH price | OIH will decline at least -1.385% in a week (0% probabilities). VIXM(-26%) UUP(-19%) SHY(-13%) TLT(-11%) BNDX(-11%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.6% |
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