Oasis Petroleum Inc (OAS) Stock Technical Analysis
NASDAQ:OAS - Nasdaq - US6742152076 - Common Stock
Taking everything into account, OAS scores 1 out of 10 in our technical rating. OAS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OAS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OAS is lagging the market.
In the last month OAS has a been trading in the 100.53 - 181.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, OAS turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
OAS is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 66% of 213 stocks in the same industry.
The technical rating of OAS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
108.21
133.73
We found 1 important resistance area.
- Resistance @132.41 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for OAS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OAS is down. |
| ChartMill Relative Strength | 57.03 | NEUTRAL | OAS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OAS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OAS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OAS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.21 | OVERSOLD | The low RSI value suggests OAS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.49 | NEGATIVE | The MACD value suggests OAS has a negative trend. |
| Stochastics (14,3) | 7.24 | OVERSOLD | The low Stochastics value suggests OAS may be oversold. |
| Average True Range in percent/ATR (20) | 9.09 | HIGH VOLATILITY | The high ATR as a percentage value for OAS suggests high volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
109.3
-12.35 (-10.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-10.15%
1 Week-14.64%
2 Weeks-27.96%
1 Month-31.28%
3 Month-27.08%
6 Month-13.25%
12 Month4.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.33
ATR(20)%9.09%
ATR Inc49.95%
Range Today9.46
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.03
Mansfield0.11
10 Day High153.16
10 Day Low100.53
20 Day High181.34
20 Day Low100.53
52 Week High181.34
52 Week Low79.31
CS1 EndN/A
CR1 Start132.41
Volume & EV
DER(3)0.3%
DER(5)0.83%
Volume1.29M
Volume Incr125.91%
Vol(5)1.06M
Vol(50)441.04K