OCEANEERING INTL INC (OII) Stock Technical Analysis
NYSE:OII - New York Stock Exchange, Inc. - US6752321025 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to OII. In the last year, OII was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, OII is a bad performer in the overall market: 74% of all stocks are doing better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
OII is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, OII did better than 55% of them.
OII is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OII is lagging the market.
In the last month OII has a been trading in the 20.21 - 24.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OII has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.21, a Stop Loss order could be placed below this zone.
More info and screens
20.19
23.72
2 important support areas can be observed.
- A support zone ranging from 21.03 to 21.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.39 to 20.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.45 to 21.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.67 from a horizontal line in the weekly time frame.
- Resistance @23.49 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 OII is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OII is neutral. |
| ChartMill Relative Strength | 26.27 | NEGATIVE | OII has a low relative strength, it was outperformed by 73.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OII is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.01 | NEUTRAL | The RSI value for OII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests OII has a negative trend. |
| Stochastics (14,3) | 27.16 | NEUTRAL | The Stochastics value for OII is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for OII suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for OII 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)
21.36
-0.06 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.28%
1 Week0.9%
2 Weeks-5.78%
1 Month-2.6%
3 Month12.07%
6 Month-13.52%
12 Month-18.97%
2 Year-6.27%
3 Year141.36%
5 Year296.29%
10 Year-51.26%
15 Year-57.29%
Volatility
ATR(14)0.91
ATR(20)%3.96%
ATR Inc-1.74%
Range Today0.58
ADR(20)0.79
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.27
Mansfield-1.58
10 Day High23.27
10 Day Low20.79
20 Day High24.21
20 Day Low20.21
52 Week High30.98
52 Week Low15.46
CS1 End21.21
CR1 Start21.45
Volume & EV
DER(3)-1.95%
DER(5)-1.81%
Volume568.70K
Volume Incr-15.45%
Vol(5)738.30K
Vol(50)821.49K