OIL STATES INTERNATIONAL INC (OIS) Stock Technical Analysis
NYSE:OIS - New York Stock Exchange, Inc. - US6780261052 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to OIS. OIS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, OIS is a bad performer in the overall market: 65% of all stocks are doing better.
OIS is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry. OIS outperforms 80% of them.
OIS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OIS is lagging the market slightly.
In the last month OIS has a been trading in the 3.44 - 4.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of OIS is bad and it also does not present a 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
4.31
5.50
We found 1 important support area.
- A support zone ranging from 4.35 to 4.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.59 to 4.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.82 from a horizontal line in the daily time frame.
- Resistance @5.00 from a trend line in the weekly time frame.
- Resistance @5.24 from a trend line in the daily time frame.
- A resistance zone ranging from 5.43 to 5.45. 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 | DOWN | NEGATIVE | The long term trend for OIS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OIS is neutral. |
| ChartMill Relative Strength | 35.5 | NEUTRAL | OIS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OIS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OIS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OIS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.54 | NEUTRAL | The RSI value for OIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OIS has a negative trend. |
| Stochastics (14,3) | 33.75 | NEUTRAL | The Stochastics value for OIS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for OIS suggests high volalility. |
| Average Directional Index/ADX (14) | 26.37 | POSITIVE | The high ADX value value for OIS suggests a strong 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)
4.36
-0.01 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.23%
1 Week-6.44%
2 Weeks-3.33%
1 Month18.16%
3 Month-8.02%
6 Month-23.78%
12 Month-4.39%
2 Year-31.45%
3 Year-43.67%
5 Year2.83%
10 Year-89.33%
15 Year-88.83%
Volatility
ATR(14)0.18
ATR(20)%5.09%
ATR Inc-30.79%
Range Today0.14
ADR(20)0.2
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.5
Mansfield-1
10 Day High4.9
10 Day Low4.22
20 Day High4.9
20 Day Low3.44
52 Week High5.86
52 Week Low3.08
CS1 End4.36
CR1 Start4.59
Volume & EV
DER(3)-1.51%
DER(5)-0.26%
Volume390.60K
Volume Incr-37.7%
Vol(5)499.02K
Vol(50)798.66K