| OIH latest price $281.0900 (-4.23%) ($278.3800 - $285.6900) on Mon. Mar. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 45 |
Latest Price | $281.0900(-4.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.2% a day on average for past five trading days. |
Weekly Trend | OIH advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(64%) XOP(62%) IWD(60%) IFRA(58%) IWN(58%) |
Factors Impacting OIH price | OIH will decline at least -1.405% in a week (0% probabilities). VIXM(-27%) UUP(-23%) SHY(-14%) BNDX(-10%) TLT(-6%) |
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 | -1.405% (StdDev 2.81%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.4% |
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