OIL STATES INTERNATIONAL INC (OIS) Technical Analysis
NYSE:OIS • US6780261052
Current stock price
OIS Technical Rating and Analysis
Taking everything into account, OIS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, OIS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, OIS did better than 95% of all other 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 77% of 62 stocks in the same industry.
- OIS has an average volume of 1131990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
- In the last month OIS has a been trading in the 9.88 - 11.88 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.
OIS Weekly and Daily overview Charts
OIS Setup Rating and Analysis
OIS has an excellent technical rating, but the quality of the setup is only medium 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
OIS Support and Resistance Analysis
4.69
4 important support areas can be observed.
- A support zone ranging from 10.21 to 10.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.87 from a horizontal line in the daily time frame.
- Support @7.24 from a trend line in the daily time frame.
- Support @4.74 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.79 to 11.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
OIS 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 OIS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OIS is neutral. |
| ChartMill Relative Strength | 95.54 | POSITIVE | OIS has a high relative strength, it outperformed 95.54% 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 | 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) | 49.94 | 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) | 81.34 | OVERBOUGHT | The high Stochastics value suggests OIS may be overbought. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for OIS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.61 | NEGATIVE | The low ADX value for OIS suggests a weak or negative trend. |
OIS Chart- and CandleStick Pattern Analysis
OIS Technicals: Chart, Performance Metrics, Trend & Indicators
11.23
-0.25 (-2.18%)
OIL STATES INTERNATIONAL INC / OIS TA FAQ
Can you provide the ChartMill technical rating for OIL STATES INTERNATIONAL INC?
ChartMill assigns a technical rating of 9 / 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 OIS stock?
OIL STATES INTERNATIONAL INC (OIS) has an RSI value of 49.9402. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for OIL STATES INTERNATIONAL INC?
OIL STATES INTERNATIONAL INC (OIS) has a support level at 10.26 and a resistance level at 11.79. Check the full technical report for our detailed analysis of OIS support and resistance levels.