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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
VanEck Oil Services ETF (PACF:OIH)
Bull Market Weakness (+75) - OIH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OIH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OIH?
MarketClub looks at technical strength and momentum to determine if the timing is right for OIH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OIH
The long-term trend has been UP since Mar 13th, 2024 at 320.8100
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 330.3200
The short-term trend has been UP since May 6th, 2024 at 316.1571
Smart Scan Analysis for OIH
Based on our trend formula, OIH is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 319.68 | 324.44 | 319.68 | 323.23 | +4.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 318.96 | 111145 | 2024-05-09 12:11:10 |
| Year High | 29.865 | Year High Date | 2018-05-22 |
| Year Low | 17.95 | Year Low Date | 2018-11-28 |
| 52wk High | 364.08 | 52wk High Date | 2023-09-12 |
| 52wk Low | 246.04 | 52wk Low Date | 2023-05-31 |
| Year End Close | 38.63 | Average Volume | 361,540 |
| Shares Outstanding | 6,551 | Assets | 14,766M |
| Volatility | 36.01 |