This summary was created by AI, based on 2 opinions in the last 12 months.
According to the experts, there is a downtrend in the OIH-N ETF, but it is approaching major support and has a seasonal period from now to May/June. They suggest that while it may get cheaper, it is a good time to start investing due to the bigger-term support on this ETF and the oil sector. They view oil as a good trade into the spring and believe there is a strong support level in the past 3-5 years. Overall, the consensus is that this ETF provides a good way to get exposure to the energy sector, with potential for a 6-12 month trade.
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 2024-11-25, VanEck Oil Services ETF (OIH-N) stock closed at a price of $303.605.
(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 level. He'll talk to his fundamental strategist about that. It's definitely not for new money.