OCEANEERING INTL INC (OII) Technical Analysis
NYSE:OII • US6752321025
Current stock price
OII Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to OII. Both in the recent history as in the last year, OII has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that OII is one of the better performing stocks in the market, outperforming 94% of all stocks.
- OII is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OII is performing more or less in line with the market.
- OII has an average volume of 1341220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OII is an average performer in the Energy Equipment & Services industry, it outperforms 66% of 60 stocks in the same industry.
- In the last month OII has a been trading in the 32.75 - 39.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OII Weekly and Daily overview Charts
OII Setup Rating and Analysis
Besides having an excellent technical rating, OII also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
OII Support and Resistance Analysis
24.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 34.22 to 34.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 33.27 to 33.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.00 from a trend line in the weekly time frame.
- Support @25.11 from a trend line in the daily time frame.
OII 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.
| 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 | 94.28 | POSITIVE | OII has a high relative strength, it outperformed 94.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OII is below 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) | 53.52 | NEUTRAL | The RSI value for OII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests OII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.91 | NEUTRAL | The Stochastics value for OII is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for OII suggests high volalility. |
| Average Directional Index/ADX (14) | 22.74 | NEUTRAL | The ADX value for OII suggests a possible start of a new trend. |
OII Chart- and CandleStick Pattern Analysis
OII Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.73 | 34.21 | 2.52 (6.86%) | 14.58% |
| An entry @36.73. This is a Buy Stop order right above the 10 day high. | An exit @34.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.52 points, which is 6.86%. | When investing 14.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OII Technicals: Chart, Performance Metrics, Trend & Indicators
34.96
-0.11 (-0.31%)
OCEANEERING INTL INC / OII TA 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 53.5152. 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 -0.306704, 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.