Oil States International Technical Analysis (NYSE:OIS)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Oil States International stock price data and volume are plotted in OIS stock charts and these trading charts form the basis of technical analysis.
See Oil States International bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Oil States International stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Oil States International Moving Average
Moving averages help predict the price direction of OIS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $32.77 is below the price of $33.35.
Oil States International Bollinger Bands
Bollinger bands comprise of a center line usually OIS SMA, and two OIS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $33.35 is in the upper range of Oil States International bollinger bands.
Oil States International Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Oil States International MACD line is below the signal line.
Oil States International Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of OIS stock is 49.72.