Quantcast

Oil States International Earns RS Rating Upgrade


Shutterstock photo

In a welcome move, Oil States International ( OIS ) saw its Relative Strength Rating improve from 61 to 74 on Friday.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This unique rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their largest climbs. See if Oil States International can continue to show renewed price strength and clear that threshold.

Looking For The Best Stocks To Buy And Watch? Start Here

Oil States International is not currently showing a potential buy point. See if the stock goes on to build a promising consolidation that could ignite a new run.

Oil States International reported negative growth for both sales and earnings last quarter.

Oil States International earns the No. 26 rank among its peers in the Oil & Gas-Field Services industry group. ProPetro ( PUMP ), Halliburton ( HAL ) and Core Laboratories Nv ( CLB ) are among the top 5 highly rated stocks within the group.

RELATED:

Stocks With Rising Relative Strength Ratings

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Stocks
Referenced Symbols: OIS , PUMP , HAL , CLB


More from Investor's Business Daily

Subscribe






Investor's Business Daily
Contributor:

Investor's Business Daily

Investing








Research Brokers before you trade

Want to trade FX?