While this happened, Raymond James initiated its Oil States International, Inc [OIS] rating to an Outperform in a research note published on September 07, 2023; the price target was $10. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “an Overweight”. Gabelli & Co also remained covering OIS and has decreased its forecast on May 06, 2020 with a “Hold” recommendation from previously “Buy” rating. Raymond James revised its rating on March 10, 2020. It rated OIS as “a Mkt perform” which previously was an “a Strong buy”.
Price Performance Review of OIS
On Tuesday, Oil States International, Inc [NYSE:OIS] saw its stock unchanged to $4.17. Over the last five days, the stock has gained 14.25%. Oil States International, Inc shares have fallen nearly -17.59% since the year began. Nevertheless, the stocks have fallen -2.80% over the past one year. While a 52-week high of $5.86 was reached on 01/17/25, a 52-week low of $3.08 was recorded on 04/09/25. SMA at 50 days reached $4.48, while 200 days put it at $4.90.
Levels Of Support And Resistance For OIS Stock
The 24-hour chart illustrates a support level at 4.08, which if violated will result in even more drops to 3.99. On the upside, there is a resistance level at 4.28. A further resistance level may holdings at 4.39. The Relative Strength Index (RSI) on the 14-day chart is 53.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.42%. Stochastics %K at 80.40% indicates the stock is a selling.
