| OIH latest price $259.2600 (1.39%) ($250.5500 - $259.7250) on Thu. May. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 37 |
Latest Price | $259.2600(1.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.6% a day on average for past five trading days. |
Weekly Trend | OIH declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XOP(85%) XLE(84%) USO(68%) XME(65%) IWN(60%) |
Factors Impacting OIH price | OIH will decline at least -1.255% in a week (0% probabilities). VXX(-18%) VIXM(-17%) UUP(-16%) SHY(-10%) BNDX(-9%) |
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 | -1.255% (StdDev 2.51%) |
Hourly BBV | 2 () |
Intraday Trend | 1.8% |
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