OIL STATES INTERNATIONAL INC (OIS) Stock Technical Analysis
NYSE:OIS - New York Stock Exchange, Inc. - US6780261052 - Common Stock - Currency: USD
Taking everything into account, OIS scores 4 out of 10 in our technical rating. In the last year, OIS was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month OIS has a been trading in the 4.75 - 5.99 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
OIS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 71% of 61 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, OIS turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
OIS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OIS is lagging the market.
OIS has an average technical rating and it also 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
4.82
5.85
We found 1 important support area.
- A support zone ranging from 4.87 to 4.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.09 to 5.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.79 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 | NEUTRAL | NEUTRAL | The long term trend for OIS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OIS is down. |
| ChartMill Relative Strength | 62.67 | NEUTRAL | OIS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OIS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OIS is below 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) | 43.89 | NEUTRAL | The RSI value for OIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests OIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.07 | OVERSOLD | The low Stochastics value suggests OIS may be oversold. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for OIS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for OIS suggests a possible start of a new 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)
5.08
+0.19 (+3.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg3.89%
1 Week-12.56%
2 Weeks-3.61%
1 Month-11.65%
3 Month12.64%
6 Month-0.2%
12 Month5.83%
2 Year-35.2%
3 Year3.67%
5 Year15.72%
10 Year-82.09%
15 Year-87.68%
Volatility
ATR(14)0.27
ATR(20)%4.81%
ATR Inc-14.25%
Range Today0.24
ADR(20)0.23
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.67
Mansfield-0.4
10 Day High5.99
10 Day Low4.75
20 Day High5.99
20 Day Low4.75
52 Week High5.99
52 Week Low3.08
CS1 End4.87
CR1 Start5.09
Volume & EV
DER(3)2.24%
DER(5)2.49%
Volume1.04M
Volume Incr37.66%
Vol(5)965.26K
Vol(50)766.66K