| OIH latest price $325.6200 (2.48%) ($318.6000 - $330.9400) on Thu. Jan. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 62 |
Latest Price | $325.6200(2.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.9% a day on average for past five trading days. |
Weekly Trend | OIH advances 3.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(86%) XOP(86%) USO(68%) VYM(62%) XME(62%) |
Factors Impacting OIH price | OIH will decline at least -1.325% in a week (0% probabilities). VIXM(-32%) SHY(-32%) BNDX(-28%) BND(-20%) UUP(-16%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2% |
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