Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 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.

PACF_OIH
Open High Low OIH Price Change
326.09 328.19 324.77 327.65 +2.16
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 down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 330.32

short term up The short-term trend has been UP since May 16th, 2024 at 326.58

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).

+75
Smart Scan Analysis for OIH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
326.09 328.19 324.77 327.65 +2.16
Prev. Close Volume Bid Ask Time
327.67 195549 2024-05-17 15:59:10
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 Volume299,155
Shares Outstanding6,551Assets14,766M
Volatility36.01
Get a free daily analysis and signals for VanEck Oil Services ETF (OIH) - Request Your Free Report.