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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 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 UP since Mar 13th, 2024 at 320.81
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 330.32
The short-term trend has been UP since Apr 23rd, 2024 at 326.99
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 |
|---|---|---|---|---|
| 325.2100 | 328.2129 | 321.8000 | 325.0000 | -1.8900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 325.0800 | 336811 | 2024-04-24 15:59:56 |
| 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 | 381,792 |
| Shares Outstanding | 6,551 | Assets | 14,766M |
| Volatility | 36.01 |