Oceaneering International (OII, $22.62) Aroon Indicator entered a Downtrend on February 27, 2025.

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OII - Oceaneering International
Aroon signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $22.62
Daily change: +$0.47 (+2.12%)
Daily volume: 1M
Capitalization: $2.3B
Industry: Oilfield Services/Equipment

For the last three days, A.I.dvisor has detected that OII's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for OII, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 156 similar cases, 137 of which were successful. Based on this data, the odds of success are 88%.