| OIH latest price $248.1300 (5.04%) ($240.3500 - $251.5300) on Tue. Aug. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 60 |
Latest Price | $248.1300(5.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.6% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) IWD(59%) IWM(58%) IWN(58%) IWO(57%) PAVE(56%) |
Factors Impacting OIH price | OIH will decline at least -1.62% in a week (0% probabilities). UUP(-21%) VIXM(-18%) SHY(-15%) BNDX(-9%) VXX(-4%) |
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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.2% |
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