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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for OIH
The long-term trend has been DOWN since Jun 4th, 2024 at 300.010
The intermediate-term trend has been UP since Nov 6th, 2024 at 295.675
The short-term trend has been DOWN since Nov 14th, 2024 at 296.330
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 291.98 | 296.39 | 291.40 | 293.65 | -1.83 |
| Prev. Close | Volume | Bid | Ask | Time |
| 293.81 | 285973 | 2024-11-19 15:59:31 |
| Year High | 29.865 | Year High Date | 2018-05-22 |
| Year Low | 17.95 | Year Low Date | 2018-11-28 |
| 52wk High | 353.25 | 52wk High Date | 2024-04-08 |
| 52wk Low | 262.18 | 52wk Low Date | 2024-09-11 |
| Year End Close | 38.63 | Average Volume | 632,034 |
| Shares Outstanding | 5,701 | Assets | 14,766M |
| Volatility | 36.01 |