VANECK OIL SERVICES ETF (OIH.MI) Technical Analysis

BIT:OIH • IE000NXF88S1

Current stock price

29.88 EUR
+1.89 (+6.75%)
Last:

OIH.MI Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to OIH. OIH has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

  • When comparing the yearly performance of all stocks, OIH is a bad performer in the overall market: 100% of all stocks are doing better.
  • Warning: OIH has an average volume of 10450 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The long and short term trends are both positive. This is looking good!
  • In the last month OIH has a been trading in the 26.72 - 30.16 range, which is quite wide. It is currently trading near the high of this range.

OIH.MI Weekly and Daily overview Charts

VANECK OIL SERVICES ETF / OIH Weekly stock chart
VANECK OIL SERVICES ETF / OIH Daily stock chart

OIH.MI Setup Rating and Analysis

1

OIH has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

OIH.MI Support and Resistance Analysis

27.23

30.19

We found 1 important support area.

  • A support zone ranging from 27.50 to 27.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 29.89 to 29.89. This zone is formed by a combination of multiple trend lines in multiple time frames.

OIH.MI Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for OIH.MI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for OIH.MI is up.
ChartMill Relative Strength0NEGATIVEOIH.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of OIH.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of OIH.MI is above the rising SMA(50).
Relative Strength Index/RSI (14)63.68NEUTRALThe RSI value for OIH.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.18NEGATIVEThe MACD value suggests OIH.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)43.01NEUTRALThe Stochastics value for OIH.MI is a neutral value.
Average True Range in percent/ATR (20)2.51MEDIUM VOLATILITYThe ATR as a percentage value for OIH.MI suggests some volalility.
Average Directional Index/ADX (14)31.88POSITIVEThe high ADX value value for OIH.MI suggests a strong trend.

OIH.MI Chart- and CandleStick Pattern Analysis

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)

OIH.MI Technicals: Chart, Performance Metrics, Trend & Indicators

VANECK OIL SERVICES ETF / OIH Daily stock chart

VANECK OIL SERVICES ETF

BIT:OIH (4/23/2026, 7:00:00 PM)

29.88

+1.89 (+6.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.75%
1 Week5.29%
2 Weeks4.17%
1 Month11.87%
3 Month32.15%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%2.51%
ATR Inc87.57%
Range Today0.84
ADR(20)0.56
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRS92.68
6 months CRSN/A
Mansfield-30
10 Day High29.88
10 Day Low27.18
20 Day High30.16
20 Day Low26.72
52 Week HighN/A
52 Week LowN/A
CS1 End27.5
CR1 Start29.89
Volume & EV
DER(3)0%
DER(5)0%
Volume8.88K
Volume Incr-22.56%
Vol(5)7.95K
Vol(50)10.45K

VANECK OIL SERVICES ETF / OIH.MI TA FAQ

What is the ChartMill technical rating of VANECK OIL SERVICES ETF (OIH.MI) stock?

ChartMill assigns a technical rating of 6 / 10 to OIH.MI.


Can you provide the trend direction for VANECK OIL SERVICES ETF?

The current trend direction for VANECK OIL SERVICES ETF (OIH.MI) is Bullish.


Can you provide the RSI signal for VANECK OIL SERVICES ETF?

VANECK OIL SERVICES ETF (OIH.MI) has an RSI value of 63.6776. This indicates that the stock is currently neutral.


What is the buy/sell signal for OIH stock?

The buy/sell signal for VANECK OIL SERVICES ETF (OIH.MI) is buy as both the short term and long term trends are positive.


What is the support and resistance level for OIH stock?

VANECK OIL SERVICES ETF (OIH.MI) has a support level at 27.5 and a resistance level at 29.89. Check the full technical report for our detailed analysis of OIH.MI support and resistance levels.