OIH sees its Stochastic Oscillator recovers from oversold territory
On April 17, 2025, the Stochastic Oscillator for OIH moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 64 instances where the indicator left the oversold zone. In of the 64 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where OIH's RSI Indicator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 25, 2025. You may want to consider a long position or call options on OIH as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for OIH just turned positive on April 23, 2025. Looking at past instances where OIH's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OIH advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .
OIH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OIH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Energy
OIH and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, OIH has been closely correlated with IEZ. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if OIH jumps, then IEZ could also see price increases.
| Ticker / NAME | Correlation To OIH | 1D Price Change % | ||
|---|---|---|---|---|
| OIH | 100% | +0.15% | ||
| IEZ - OIH | 99% Closely correlated | N/A | ||
| XES - OIH | 98% Closely correlated | +0.29% | ||
| PXJ - OIH | 94% Closely correlated | +0.99% | ||
| FENY - OIH | 92% Closely correlated | N/A | ||
| PSCE - OIH | 92% Closely correlated | +0.48% | ||
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