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Stock Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
VanEck Vectors Oil Services ETF (PACF:OIH)
Countertrend Down (-85) - OIH is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Mar 15th, 2023 at 270.67
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 309.61
The short-term trend has been UP since Mar 28th, 2023 at 270.33
Smart Scan Analysis for OIH
Based on our trend formula, OIH is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 281.03 | 281.58 | 273.18 | 274.36 | -3.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 277.38 | 587846 | 2023-03-30 15:59:39 |
| Year High | 29.865 | Year High Date | 2018-05-22 |
| Year Low | 17.95 | Year Low Date | 2018-11-28 |
| 52wk High | 336.3 | 52wk High Date | 2023-01-18 |
| 52wk Low | 195.77 | 52wk Low Date | 2022-07-14 |
| Year End Close | 38.63 | Average Volume | 882,952 |
| Shares Outstanding | 7,901 | Assets | 14,766M |
| Volatility | 36.01 |