OFOS Range Global Offshore Oil Services Index ETF Forecast, Technical & Fundamental Analysis
OFOS's Stochastic Oscillator is sitting in oversold zone for 11 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 uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 17, 2025. You may want to consider a long position or call options on OFOS as a result. In of 19 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 70 cases where OFOS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
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General Information
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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 | -1.12% | ||
| XOP - OFOS | 83% Closely correlated | +0.15% | ||
| IXC - OFOS | 82% Closely correlated | -0.70% | ||
| VDE - OFOS | 82% Closely correlated | -0.61% | ||
| FENY - OFOS | 82% Closely correlated | -0.54% | ||
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