This summary was created by AI, based on 2 opinions in the last 12 months.
Based on the reviews from different experts, it is evident that while there is a short-term resistance level, there is also a major support coming up for the oil services ETF. The experts have a mixed view on the current trend, but there is a consensus that the ETF may see a trade opportunity into the spring. It is not recommended for new investments but legging in could be considered. The experts highlight the importance of timing and consulting with a fundamental strategist before making any decisions.
Downtrend, yes, but major support coming plus seasonal period from now to May/June. Might get cheaper, but he's legging in because of bigger-term support on this ETF and on the oil sector. Likes oil for a trade into the spring.
Moving into energy names with recovery of economy. Great way to get exposure to sector. Recently buying shares. Buying small amounts slowly. Strong support level the past 3-5 years. Believes oil will be good 6-12 month trade.
VanEck Oil Services ETF is a American stock, trading under the symbol OIH-N on the NYSE Arca (OIH). It is usually referred to as AMEX:OIH or OIH-N
In the last year, 2 stock analysts published opinions about OIH-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for VanEck Oil Services ETF.
VanEck Oil Services ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for VanEck Oil Services ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered VanEck Oil Services ETF In the last year. It is a trending stock that is worth watching.
On 2025-01-24, VanEck Oil Services ETF (OIH-N) stock closed at a price of $290.18.
(Note the short timeframe.)
There are 2 levels of resistance, and we're at one right now. Next one is up around $350. He's the timing guy, so he has to decide if he wants to hold past this current resistance levels. He'll talk to his fundamental strategist about that. It's definitely not for new money.