VANECK OIL SERVICES ETF (OIH) Stock Technical Analysis
NYSEARCA:OIH - NYSE Arca - US92189H6071 - ETF - Currency: USD
Overall OIH gets a technical rating of 0 out of 10. OIH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, OIH is a bad performer in the overall market: 77% of all stocks are doing better.
OIH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OIH is lagging the market.
In the last month OIH has a been trading in the 270.31 - 291.55 range, which is quite wide. It is currently trading near the lows of this range.
OIH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 268.61, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
258.34
360.50
When analyzing the support we notice one important area.
- A support zone ranging from 260.95 to 268.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 279.85 to 280.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 291.21 to 292.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 301.90 to 307.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @337.06 from a trend line in the weekly time frame.
- Resistance @356.93 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.84
Mansfield-1.58
10 Day High287.85
10 Day Low270.31
20 Day High291.55
20 Day Low270.31
52 Week High353.25
52 Week Low257.78
Performance
1 Week-3.04%
2 Weeks-1.43%
1 Month-6.43%
3 Month-10.48%
6 Month-9.06%
12 Month-10.98%
2 Year-12.67%
3 Year9.41%
5 Year51.17%
10 Year-61.06%
15 Year-66.36%
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)
Technical Indicators
MACD(12,26,9)-0.91
RSI(14)40.06
LBB271.56
UBB288.67
NYSEARCA:OIH (2/24/2025, 8:04:00 PM)
271.51
-1.32 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.48%
1 Week-3.04%
2 Weeks-1.43%
1 Month-6.43%
3 Month-10.48%
6 Month-9.06%
12 Month-10.98%
2 Year-12.67%
3 Year9.41%
5 Year51.17%
10 Year-61.06%
15 Year-66.36%
Volatility
ATR(14)6.75
ATR(20)%2.49%
ATR Inc-7.03%
Range Today3.42
ADR(20)6.51
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.84
Mansfield-1.58
10 Day High287.85
10 Day Low270.31
20 Day High291.55
20 Day Low270.31
52 Week High353.25
52 Week Low257.78
CS1 End268.61
CR1 Start279.85
Volume & EV
DER(3)-1.57%
DER(5)0.72%
Volume306.70K
Volume Incr-0.02%
Vol(5)540.70K
Vol(50)509.36K