OIL STATES INTERNATIONAL INC (OIS) Technical Analysis
NYSE:OIS • US6780261052
Overall OIS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OIS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that OIS is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by OIS over the past year are nicely spread over this period.
- OIS is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry. OIS outperforms 94% of them.
- OIS 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 OIS is lagging the market slightly.
- OIS has an average volume of 1092440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month OIS has a been trading in the 8.41 - 14.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
4.69
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.40 to 12.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.19 from a trend line in the daily time frame.
- Support @6.69 from a trend line in the daily time frame.
- Support @4.74 from a horizontal line in the weekly 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 OIS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OIS is up. |
| ChartMill Relative Strength | 97.43 | POSITIVE | OIS has a high relative strength, it outperformed 97.43% 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) | UP | POSITIVE | The current price of OIS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.7 | NEUTRAL | The RSI value for OIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OIS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.62 | NEUTRAL | The Stochastics value for OIS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for OIS suggests high volalility. |
| Average Directional Index/ADX (14) | 39.88 | POSITIVE | The high ADX value value for OIS suggests a strong trend. |
OIS Technicals: Chart, Performance Metrics, Trend & Indicators
12.51
+0.1 (+0.81%)
OIL STATES INTERNATIONAL INC / OIS FAQ
Can you provide the ChartMill technical rating for OIL STATES INTERNATIONAL INC?
ChartMill assigns a technical rating of 10 / 10 to OIS.
What is the current trend direction of OIL STATES INTERNATIONAL INC (OIS) stock?
The current trend direction for OIL STATES INTERNATIONAL INC (OIS) is Bullish.
What is the RSI signal for OIL STATES INTERNATIONAL INC (OIS) stock?
OIL STATES INTERNATIONAL INC (OIS) has an RSI value of 65.6952. This indicates that the stock is currently neutral.
What is the MACD signal for OIL STATES INTERNATIONAL INC (OIS) stock?
The MACD indicator for OIL STATES INTERNATIONAL INC (OIS) has a value of 0.0881755, indicating a bearish trend.
What are the support and resistance levels for OIL STATES INTERNATIONAL INC (OIS) stock?
OIL STATES INTERNATIONAL INC (OIS) has a support level at 12.5. Check the full technical report for our detailed analysis of OIS support and resistance levels.