OCEANEERING INTL INC (OII) Stock Technical Analysis
NYSE:OII • US6752321025
Taking everything into account, OII scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OII is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, OII did better than 92% of all other stocks.
- OII is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OII is lagging the market slightly.
- In the last month OII has a been trading in the 29.09 - 39.00 range, which is quite wide. It is currently trading near the high of this range.
- OII has an average volume of 1207860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OII is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, OII did better than 68% of them.
- Volume is considerably higher in the last couple of days.
Although OII 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
24.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.36 to 33.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @25.45 from a trend line in the weekly time frame.
- Support @25.02 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 | UP | POSITIVE | The long term trend for OII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OII is up. |
| ChartMill Relative Strength | 92.03 | POSITIVE | OII has a high relative strength, it outperformed 92.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OII is above the rising 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) | UP | POSITIVE | The current price of OII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.03 | NEUTRAL | The RSI value for OII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests OII has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.28 | NEUTRAL | The Stochastics value for OII is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for OII suggests high volalility. |
| Average Directional Index/ADX (14) | 48.04 | POSITIVE | The high ADX value value for OII suggests a strong trend. |
35.5
-2.07 (-5.51%)
OCEANEERING INTL INC / OII FAQ
What is the ChartMill technical rating of OCEANEERING INTL INC (OII) stock?
ChartMill assigns a technical rating of 10 / 10 to OII.
What is the current trend direction of OCEANEERING INTL INC (OII) stock?
The current trend direction for OCEANEERING INTL INC (OII) is Bullish.
Can you provide the RSI signal for OCEANEERING INTL INC?
OCEANEERING INTL INC (OII) has an RSI value of 58.0286. This indicates that the stock is currently neutral.
What is the MACD signal for OCEANEERING INTL INC (OII) stock?
The MACD indicator for OCEANEERING INTL INC (OII) has a value of 0.163695, indicating a bearish trend.
What is the buy/sell signal for OII stock?
The buy/sell signal for OCEANEERING INTL INC (OII) is buy as both the short term and long term trends are positive.