| OIH latest price $340.7300 (-0.33%) ($337.7600 - $343.3500) on Thu. Aug. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 40 |
Latest Price | $340.7300(-0.33%) |
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 -0.3% 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) XLE(88%) XOP(87%) USO(68%) XME(61%) VYM(55%) |
Factors Impacting OIH price | OIH will decline at least -0.865% in a week (0% probabilities). VXX(-11%) UUP(-11%) TBT(-9%) VIXM(-6%) SHY(-5%) |
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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.8% |
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