| OIH latest price $359.7200 (1.45%) ($358.6200 - $361.8100) on Thu. Sep. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 80 |
Latest Price | $359.7200(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 0.4% a day on average for past five trading days. |
Weekly Trend | OIH advances 2.9% 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) XLE(89%) XOP(88%) USO(69%) XME(60%) VYM(54%) |
Factors Impacting OIH price | OIH will decline at least -0.74% in a week (0% probabilities). EDOC(-23%) UUP(-11%) TBT(-10%) VXX(-7%) VIXM(-4%) |
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 | -0.74% (StdDev 1.48%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.1% |
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