VanEck Oil Services ETF (OIH)

VanEck Oil Services ETF is trading at $411.57, up 0.90% on the session. The 50 day average sits at $401.46 and the 200 day at $396.78, which puts the stock in a uptrend. RSI is at 59.8, which reads as strong, and MACD is bullish crossover. Volume is volume spike.

The nearest support is around $397.00 with resistance near $428.75, so that band frames the current range. Average daily movement is roughly $11.27, or about 2.7% of the share price, which is what any stop placement has to allow for. The overall health score of 81 out of 100 combines a trend score of 81, momentum of 88 and a risk score of 71.

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the oil services segment. Such companies may include small- and medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.