| OIH latest price $278.1900 (-0.37%) ($274.6950 - $281.6350) on Thu. Jun. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 63 |
Latest Price | $278.1900(-0.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 1.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(84%) XOP(84%) USO(68%) XME(64%) IWN(59%) |
Factors Impacting OIH price | OIH will decline at least -1.31% in a week (0% probabilities). VXX(-19%) VIXM(-16%) UUP(-16%) SHY(-11%) EDOC(-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 | -1.31% (StdDev 2.62%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.3% |
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