VANECK OIL SERVICES ETF (OIH) Stock Technical Analysis
NYSEARCA:OIH - US92189H6071 - ETF
254.55 USD
-2.3 (-0.9%)
Taking everything into account, OIH scores 7 out of 10 in our technical rating. In the last year, OIH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month OIH has a been trading in the 232.39 - 258.56 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, OIH turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
OIH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OIH is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although OIH has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
225.37
259.43
3 important support areas can be observed.
- A support zone ranging from 239.69 to 242.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 232.86 to 233.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @227.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 255.22 to 256.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 OIH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OIH is up. |
| ChartMill Relative Strength | 43.13 | NEUTRAL | OIH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OIH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OIH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OIH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.1 | NEUTRAL | The RSI value for OIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.95 | POSITIVE | The MACD value suggests OIH has a positive trend. |
| Stochastics (14,3) | 94.21 | OVERBOUGHT | The high Stochastics value suggests OIH may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for OIH suggests some volalility. |
| Average Directional Index/ADX (14) | 15.31 | NEGATIVE | The low ADX value for OIH suggests a weak or negative trend. |
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)
NYSEARCA:OIH (9/2/2025, 1:39:40 PM)
254.55
-2.3 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.9%
1 Week1.85%
2 Weeks8.53%
1 Month9.29%
3 Month18.56%
6 Month-3.58%
12 Month-13.97%
2 Year-24.62%
3 Year7.17%
5 Year104.96%
10 Year-59.18%
15 Year-60.42%
Volatility
ATR(14)5.36
ATR(20)%2.25%
ATR Inc-31.32%
Range Today5.4
ADR(20)5.71
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.13
Mansfield-0.97
10 Day High258.56
10 Day Low234.39
20 Day High258.56
20 Day Low232.39
52 Week High311.28
52 Week Low191.21
CS1 End255.22
CR1 Start256.86
Volume & EV
DER(3)-3.65%
DER(5)-3.5%
Volume226.32K
Volume Incr-28.06%
Vol(5)291.56K
Vol(50)453.69K