OIL States International (OIS, $5.29) price may drop as it broke higher Bollinger Band on Aug 23, 2024

#OilfieldServicesEquipment, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap, #Russel2000
OIS - OIL States International
Bollinger signal
Bearish Trend
87%
Odds of DOWN Trend
Price: $5.29
Daily change: +$0.23 (+4.55%)
Daily volume: 610.8K
Capitalization: $337.4M
Industry: Oilfield Services/Equipment

This price move could be a signal that OIS may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 45 similar cases where OIS's price broke its higher Bollinger Band, and 39 of them led to a successful outcome. Odds of Success: 87%.