Oceaneering International (Germany) Technical Analysis

OII Stock  EUR 20.80  0.60  2.80%   
As of the 19th of April, Oceaneering International holds the Semi Deviation of 2.27, risk adjusted performance of 0.0757, and Coefficient Of Variation of 904.87. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oceaneering International, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Oceaneering International, which can be compared to its competitors. Please check Oceaneering International coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if Oceaneering International is priced some-what accurately, providing market reflects its current price of 20.8 per share.

Oceaneering International Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oceaneering, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oceaneering
  
Oceaneering International's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Oceaneering International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Oceaneering International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oceaneering International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Oceaneering International Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Oceaneering International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oceaneering International Trend Analysis

Use this graph to draw trend lines for Oceaneering International. You can use it to identify possible trend reversals for Oceaneering International as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Oceaneering International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oceaneering International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oceaneering International applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Oceaneering International will continue generating value for investors. It has 122 observation points and a regression sum of squares at 144.04, which is the sum of squared deviations for the predicted Oceaneering International price change compared to its average price change.

About Oceaneering International Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Oceaneering International on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Oceaneering International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oceaneering International price pattern first instead of the macroeconomic environment surrounding Oceaneering International. By analyzing Oceaneering International's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Oceaneering International's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Oceaneering International specific price patterns or momentum indicators. Please read more on our technical analysis page.

Oceaneering International April 19, 2024 Technical Indicators

Most technical analysis of Oceaneering help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Oceaneering from various momentum indicators to cycle indicators. When you analyze Oceaneering charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Oceaneering International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oceaneering International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceaneering International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceaneering International Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oceaneering International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Oceaneering International's price analysis, check to measure Oceaneering International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oceaneering International is operating at the current time. Most of Oceaneering International's value examination focuses on studying past and present price action to predict the probability of Oceaneering International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceaneering International's price. Additionally, you may evaluate how the addition of Oceaneering International to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.