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Oil States Intl Crosses Below its 10-day MA (OIS)

By David Diaz

Oil States Intl (NYSE:OIS) shares have crossed bearishly below their 10-day moving average of $13.14 on a volume of 100K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Oil States Intl have traded between a low of $11.73 and a high of $26.92 and are now at $12.94, which is 10% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

SmarTrend is tracking the current trend status for Oil States Intl and will alert subscribers who have OIS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses oil states intl

Ticker(s): OIS