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Shares of OIS Down 24.8% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Oil States Intl (NYSE:OIS) on February 17th, 2017 at $36.72. In approximately 5 months, Oil States Intl has returned 24.85% as of today's recent price of $27.60.

Oil States Intl share prices have moved between a 52-week high of $41.75 and a 52-week low of $25.25 and are now trading 9% above that low price at $27.60 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.6%.

Oil States International, Inc. provides specialty products and services to oil and gas drilling and production companies. The Company supplies connection technology for offshore oil and gas development and production, distributes tubular goods, furnishes hydraulic workover, and well control services. Oil States also provides remote site accommodations, catering, and logistics.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Oil States Intl.

Log in and add Oil States Intl (OIS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights oil states intl

Ticker(s): OIS