| OIH latest price $293.5000 (5.91%) ($290.3500 - $298.8200) on Mon. Apr. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 52 |
Latest Price | $293.5000(5.91%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.8% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.6% 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) XOP(87%) XLE(86%) USO(70%) XME(63%) VYM(60%) |
Factors Impacting OIH price | OIH will decline at least -1.27% in a week (0% probabilities). VXX(-25%) VIXM(-25%) SHY(-21%) UUP(-15%) BNDX(-15%) |
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 | -1.27% (StdDev 2.54%) |
Hourly BBV | 1.4 () |
Intraday Trend | -0.5% |
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