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 9 out of 10 to OIS. In the past year, OIS was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that OIS is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by OIS over the past year are nicely spread over this period.
OIS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 87% of 63 stocks in the same industry.
OIS 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 OIS is performing more or less in line with the market.
In the last month OIS has a been trading in the 4.22 - 5.38 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although OIS 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
4.53
5.81
We found 1 important support area.
- A support zone ranging from 4.58 to 4.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @5.38 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.75 to 5.75. 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 | NEUTRAL | NEUTRAL | The long term trend for OIS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OIS is up. |
| ChartMill Relative Strength | 85.63 | POSITIVE | OIS has a high relative strength, it outperformed 85.63% off all stocks 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) | UP | POSITIVE | The current price of OIS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OIS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.39 | OVERBOUGHT | The high RSI value suggests OIS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests OIS has a positive trend. |
| Stochastics (14,3) | 93.94 | OVERBOUGHT | The high Stochastics value suggests OIS may be overbought. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for OIS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.42 | 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)
5.29
+0.15 (+2.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.92%
1 Week14.5%
2 Weeks21.61%
1 Month12.31%
3 Month6.87%
6 Month3.52%
12 Month33.59%
2 Year-29.18%
3 Year-2.4%
5 Year11.37%
10 Year-85.79%
15 Year-86.63%
Volatility
ATR(14)0.21
ATR(20)%3.56%
ATR Inc4.44%
Range Today0.25
ADR(20)0.17
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.63
Mansfield0.58
10 Day High5.38
10 Day Low4.28
20 Day High5.38
20 Day Low4.22
52 Week High5.86
52 Week Low3.08
CS1 End4.66
CR1 Start5.38
Volume & EV
DER(3)3.16%
DER(5)3.25%
Volume839.40K
Volume Incr29.45%
Vol(5)714.04K
Vol(50)786.30K