| OIH latest price $266.5400 (-0.12%) ($259.1300 - $271.0250) on Thu. May. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.18% (three month average) |
RSI | 53 |
Latest Price | $266.5400(-0.12%) |
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 declines -0.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(60%) IWD(59%) IFRA(57%) IWN(57%) XOP(57%) |
Factors Impacting OIH price | OIH will decline at least -1.59% in a week (0% probabilities). VIXM(-23%) UUP(-23%) SHY(-14%) BNDX(-11%) 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 | -1.59% (StdDev 3.18%) |
Hourly BBV | -0.4 () |
Intraday Trend | 2.6% |
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