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OCEANEERING INTERNATIONAL INC.
OCEANEERING INTERNATIONAL INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: OII
ISIN:

OCEANEERING INTERNATIONAL INC. - Daily - Technical analysis published on 12/26/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 14.88 USD
My targets
16.29 USD (+7.67%)
17.87 USD (+18.11%)
My analysis
OCEANEERING INTERNATIONAL INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.88 USD. The next resistance located at 16.29 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 17.87 USD. After this resistance, buyers could then target 19.61 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

OCEANEERING INTERNATIONAL INC. rating 15.13 USD. The price has increased by +0.27% since the last closing and was between 15.03 USD and 15.41 USD. This implies that the price is at +0.67% from its lowest and at -1.82% from its highest.

15.03
15.41
15.13

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in Daily of this OCEANEERING INTERNATIONAL INC. chart shows a strongly bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.17 14.07 14.88 15.13 16.29 17.87 19.61
Change (%) -12.95% -7.01% -1.65% - +7.67% +18.11% +29.61%
Change -1.96 -1.06 -0.25 - +1.16 +2.74 +4.48
Level Major Minor Major - Intermediate Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.3314.4914.7914.9515.2515.4115.71
Camarilla14.9615.0115.0515.0915.1315.1715.22
Woodie14.4014.5314.8614.9915.3215.4515.78
Fibonacci14.4914.6714.7714.9515.1315.2315.41


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.2413.7414.2514.7515.2615.7616.27
Camarilla14.4714.5714.6614.7514.8414.9415.03
Woodie13.2413.7414.2514.7515.2615.7616.27
Fibonacci13.7414.1314.3714.7515.1415.3815.76


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.3811.7412.5813.9414.7816.1416.98
Camarilla12.8113.0113.2113.4213.6213.8214.02
Woodie10.1211.6112.3213.8114.5216.0116.72
Fibonacci11.7412.5813.1013.9414.7815.3016.14

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 63.08
MACD (12,26,9): 0.3600
Directional Movement: 15.00
AROON (14): 100.00
DEMA (21): 14.69
Parabolic SAR (0,02-0,02-0,2): 13.86
Elder Ray (13): 0.70
Super Trend (3,10): 13.65
Zig ZAG (10): 15.13
VORTEX (21): 1.0700
Stochastique (14,3,5): 86.29
TEMA (21): 15.02
Williams %R (14): -11.97
Chande Momentum Oscillator (20): 1.44
Repulse (5,40,3): 0.4000
ROCnROLL: 1
TRIX (15,9): 0.1900
Courbe Coppock: 20.61
MA7: 14.89
MA20: 14.03
MA50: 13.95
MA100: 13.66
MAexp7: 14.82
MAexp20: 14.30
MAexp50: 14.06
MAexp100: 14.31
Price / MA7: +1.61%
Price / MA20: +7.84%
Price / MA50: +8.46%
Price / MA100: +10.76%
Price / MAexp7: +2.09%
Price / MAexp20: +5.80%
Price / MAexp50: +7.61%
Price / MAexp100: +5.73%

News


The last news published on OCEANEERING INTERNATIONAL INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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