OIL STATES INTERNATIONAL INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	OIS
ISIN:

OIL STATES INTERNATIONAL INC. - Daily - Technical analysis published on 12/06/2019 (GMT)

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Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 15.08 USD

My targets

17.14 USD (+3.13%)

18.30 USD (+10.11%)

My analysis

OIL STATES 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 15.08 USD. The next resistance located at 17.14 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 18.30 USD. After this resistance, buyers could then target 19.54 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

FORCE

8.4

Comment on the analysis

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.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

OIL STATES INTERNATIONAL INC. rating 16.62 USD. The price has increased by +0.73% since the last closing with the lowest point at 16.27 USD and the highest point at 16.82 USD. The deviation from the price is +2.15% for the low point and -1.19% for the high point.

16.27

16.82

16.62

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this OIL STATES INTERNATIONAL INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

White morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.92	15.08	16.49	16.62	17.14	18.30	19.54
Change (%)	-16.25%	-9.27%	-0.78%	-	+3.13%	+10.11%	+17.57%
Change	-2.70	-1.54	-0.13	-	+0.52	+1.68	+2.92
Level	Major	Intermediate	Major	-	Minor	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.08	15.49	16.00	16.41	16.92	17.33	17.84
Camarilla	16.25	16.33	16.42	16.50	16.58	16.67	16.75
Woodie	15.12	15.52	16.04	16.44	16.96	17.36	17.88
Fibonacci	15.49	15.85	16.06	16.41	16.77	16.98	17.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.57	15.08	15.51	16.02	16.45	16.96	17.39
Camarilla	15.67	15.76	15.84	15.93	16.02	16.10	16.19
Woodie	14.52	15.06	15.46	16.00	16.40	16.94	17.34
Fibonacci	15.08	15.44	15.66	16.02	16.38	16.60	16.96

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.62	13.56	14.74	15.68	16.86	17.80	18.98
Camarilla	15.35	15.54	15.74	15.93	16.12	16.32	16.51
Woodie	12.75	13.62	14.87	15.74	16.99	17.86	19.11
Fibonacci	13.56	14.37	14.87	15.68	16.49	16.99	17.80

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.51
MACD (12,26,9):	0.4300
Directional Movement:	14.05
AROON (14):	78.57
DEMA (21):	16.31
Parabolic SAR (0,02-0,02-0,2):	15.29
Elder Ray (13):	0.60
Super Trend (3,10):	14.51
Zig ZAG (10):	16.62
VORTEX (21):	0.9400
Stochastique (14,3,5):	72.22
TEMA (21):	16.37
Williams %R (14):	-9.95
Chande Momentum Oscillator (20):	1.53
Repulse (5,40,3):	1.0100
ROCnROLL:	1
TRIX (15,9):	0.4300
Courbe Coppock:	6.86

MA7:	16.11
MA20:	15.82
MA50:	14.51
MA100:	14.28
MAexp7:	16.14
MAexp20:	15.73
MAexp50:	15.09
MAexp100:	15.04
Price / MA7:	+3.17%
Price / MA20:	+5.06%
Price / MA50:	+14.54%
Price / MA100:	+16.39%
Price / MAexp7:	+2.97%
Price / MAexp20:	+5.66%
Price / MAexp50:	+10.14%
Price / MAexp100:	+10.51%

News

The latest news and videos published on OIL STATES INTERNATIONAL INC. at the time of the analysis were as follows:

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

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