OIL STATES INTERNATIONAL INC (OIS)

US6780261052 - Common Stock

5.36  +0.09 (+1.71%)

After market: 5.36 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, OIS scores 7 out of 10 in our technical rating. Although OIS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, OIS is a bad performer in the overall market: 81% of all stocks are doing better.
OIS is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, of which 61% are performing better than OIS.
The long and short term trends are both positive. This is looking good!
OIS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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.
Weekly and Daily overview Charts
OIS Weekly chart
OIS Daily chart
Setup Rating and Analysis

7

OIS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 5.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OIS in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

4.18

5.52

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 5.23 to 5.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.38 from a trend line in the weekly time frame.
  • Support @4.22 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @5.37 from a horizontal line in the weekly time frame.
  • Resistance @5.47 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.27
Mansfield-1.02
10 Day High5.64
10 Day Low4.69
20 Day High5.64
20 Day Low4.1
52 Week High7.27
52 Week Low3.91
Performance
1 Week-2.55%
2 Weeks13.56%
1 Month24.65%
3 Month1.32%
6 Month17.54%
12 Month-23.97%
2 Year-20.59%
3 Year5.93%
5 Year-66.37%
10 Year-89.25%
15 Year-85.06%
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)0.06
RSI(14)61.05
LBB4.48
UBB5.74
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
5.385.220.16 (2.97%)25.00%
An entry @5.38. This is a Buy Stop order right above the resistance zone.An exit @5.22. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.16 points, which is 2.97%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.74%.

  • The distance between exit and entry is rather small compared to the average daily movement of OIS. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OIS Daily chart

OIL STATES INTERNATIONAL INC

NYSE:OIS (11/18/2024, 8:04:00 PM)

After market: 5.36 0 (0%)

5.36

+0.09 (+1.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.71%
1 Week-2.55%
2 Weeks13.56%
1 Month24.65%
3 Month1.32%
6 Month17.54%
12 Month-23.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%4.47%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.64
10 Day Low4.69
20 Day High5.64
20 Day Low4.1
52 Week High7.27
52 Week Low3.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume354.90K
Volume Incr-31.11%
Vol(5)480.54K
Vol(50)630.81K