OFOS Range Global Offshore Oil Services Index ETF Forecast, Technical & Fundamental Analysis
Aroon Indicator for OFOS shows an upward move is likely
OFOS's Aroon Indicator triggered a bullish signal on July 23, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 69 similar instances where the Aroon Indicator showed a similar pattern. In of the 69 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 16 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Bearish Trend Analysis
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General Information
Category Unknown
OFOS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, OFOS has been closely correlated with OIH. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if OFOS jumps, then OIH could also see price increases.
| Ticker / NAME | Correlation To OFOS | 1D Price Change % | ||
|---|---|---|---|---|
| OFOS | 100% | N/A | ||
| OIH - OFOS | 88% Closely correlated | -0.34% | ||
| XOP - OFOS | 83% Closely correlated | -0.60% | ||
| IXC - OFOS | 82% Closely correlated | -0.40% | ||
| VDE - OFOS | 82% Closely correlated | -0.49% | ||
| FENY - OFOS | 82% Closely correlated | -0.50% | ||
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