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Stock Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

VanEck Oil Services ETF (PACF:OIH)

Sidelines Mode (+55) - OIH is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

PACF_OIH
Open High Low OIH Price Change
344.9800 347.2199 332.3100 333.9200 -8.4200
Entry Signal

MarketClub’s Trade Triangles for OIH

long term up The long-term trend has been UP since Mar 13th, 2024 at 320.81

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 303.61

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 343.16

Smart Scan Analysis for OIH

Based on our trend formula, OIH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for OIH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
344.9800 347.2199 332.3100 333.9200 -8.4200
Prev. Close Volume Bid Ask Time
334.1700 587071 2024-04-12 15:59:50
Year High29.865Year High Date2018-05-22
Year Low17.95Year Low Date2018-11-28
52wk High364.0852wk High Date2023-09-12
52wk Low246.0452wk Low Date2023-05-31
Year End Close38.63Average Volume386,080
Shares Outstanding6,551Assets14,766M
Volatility36.01
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