We assign a technical rating of 1 out of 10 to OAS. OAS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
OAS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month OAS has a been trading in the 100.53 - 181.34 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
OAS is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. OAS outperforms 76% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, OAS outperforms 57% of them, which is more or less in line with the market.