We assign a technical rating of 6 out of 10 to OIH. In the last year, OIH was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
OIH has an average technical rating and it also 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
234.14
When analyzing the support we can see 4 important areas.
- Support @259.60 from a trend line in the daily time frame.
- A support zone ranging from 250.56 to 252.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 242.44 to 242.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @236.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 306.20 to 308.67. 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 | UP | POSITIVE | The long term trend for OIH is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OIH is down. |
| ChartMill Relative Strength | 70.55 | POSITIVE | OIH has a high relative strength, it outperformed 70.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OIH is below 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) | UP | POSITIVE | The current price of OIH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.74 | NEUTRAL | The RSI value for OIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.81 | NEGATIVE | The MACD value suggests OIH has a negative trend. |
| Stochastics (14,3) | 10.63 | OVERSOLD | The low Stochastics value suggests OIH may be oversold. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for OIH suggests some volalility. |
| Average Directional Index/ADX (14) | 29.97 | POSITIVE | The high ADX value value for OIH suggests a strong trend. |
NYSEARCA:OIH (12/19/2025, 3:01:57 PM)
285.43
+2.86 (+1.01%)
VANECK OIL SERVICES ETF / OIH FAQ
What is the ChartMill technical rating of VANECK OIL SERVICES ETF (OIH) stock?
ChartMill assigns a technical rating of 6 / 10 to OIH.
What is the trend direction for OIH stock?
The current trend direction for VANECK OIL SERVICES ETF (OIH) is Bullish.
What is the RSI signal for VANECK OIL SERVICES ETF (OIH) stock?
VANECK OIL SERVICES ETF (OIH) has an RSI value of 42.7376. This indicates that the stock is currently neutral.
What is the short term momentum for OIH stock?
The short term momentum for VANECK OIL SERVICES ETF (OIH) is negative.
What is the buy/sell signal for VANECK OIL SERVICES ETF (OIH) stock?
The buy/sell signal for VANECK OIL SERVICES ETF (OIH) is hold as the short term and long term trends are mixed.