OIH
Vaneck Oil Services Etf
$385.11
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
Thematic ETF · entry card
APPENDIX · OIH · TECHNICAL TRADING SCORECARD
Scores · Trend 76.7
| RS vs S&P (20) + sector (10) | 20.0 + 1.0 = 21.0 / 30 |
| Structure (6 checks) | 25 / 30 |
| Score = (RS + structure) × 100/60 | 76.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Up |
| Confirmation (2 consecutive Fridays) | confirmed Down; Up pending 1/2 |
| Trend (confirmed) | Down |
✔ Fri close above 40-wk SMA 6/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ No lower high vs cycle high 0/5 · ✔ Fri close above 20-wk SMA 5/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✔ 4-mo SMA > 13-mo SMA (completed months, to Sep) 5/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Down → 10-23 Neutral → 10-30 Up. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 39.5
| RS (S&P 20 + sector 10) | 4.6 + 4.0 / 30 |
| Structure | 8 / 25 |
| Coppock (daily) — positive but decelerating | 12.5 / 25 |
| Band position | 10.4 / 20 |
| Raw | 39.5 (Early Down) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 39.5 Early Down |
| ✖ Close above 50-day SMA 0/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✖ Close above 100-day SMA 0/4 · ✖ Close above 200-day SMA 0/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (OIH close needed) |
|---|
| Trend · S&P | 1 Established Up (+) ↑ | +3.86% | +8.82% | Est. Up ≥ 398.09 (+3.4%) · Est. Down < 354.12 |
| Trend · XLE | 5 Established Down (+) → | -7.17% | +4.95% | Early Up ≥ 443.43 · Est. Down < 441.07 |
| Trading · S&P | 4 Early Down (−) ↓ | -0.61% | -3.70% | Est. Up ≥ 389.41 (+1.1%) · Est. Down < 354.86 |
| Trading · XLE | 3 Neutral (−) ↓ | +0.19% | -2.71% | Est. Up ≥ 386.26 (+0.3%) · Early Up ≥ 385.92 · Est. Down < 383.86 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 385.11)
| Band | Range | Distance | Tools in the cluster |
|---|
| R3 | 423.85–428.75 | +10.1% to +11.3% | wk high 04-03 423.85 · wk high 08-21 428.75 |
| R2 | 406.12–412.02 | +5.5% to +7.0% | wk high 03-06 406.12 · wk low 05-08 412.02 |
| R1 | 392.84–399.79 | +2.0% to +3.8% | wk low 04-17 392.84 · wk low 08-28 397.00 · 200-day SMA 398.24 · wk high 10-09 399.01 · wk high 07-31 399.59 · 40-wk SMA 399.79 |
| S1 | 365.60–373.66 | -3.0% to -5.1% | wk low 10-02 373.66 · wk low 10-23 367.58 · wk low 07-31 367.55 · wk low 03-13 365.60 |
| S2 | 303.77–311.49 | -19.1% to -21.1% | wk high ’25-12-12 311.49 · wk high 2024-11-29 311.28 · wk high 2024-10-11 304.37 · wk high ’25-01-17 303.77 |
| S3 | 291.09–297.80 | -22.7% to -24.4% | wk high ’25-11-14 297.80 · wk high ’25-10-31 291.09 |
| ATH | 597.40 | +55.1% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 365.60 (-5.1%): trading downgrades one state, re-anchor to S2 303.77–311.49.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 303.77 (-21.1%): trend downgrades one state, re-anchor to S3 291.09–297.80.
- Trend vs S&P: Est. Up ≥ 398.09 (+3.4%) · above its 16-wk avg ≥ 398.09 · Est. Down < 354.12 (-8.0%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 389.41 · Est. Down < 354.86.
Sluymer context
- 2026-10-06 chartbook: “OIH Oil Service ETF – Bottoming short-term at trend line support with short-term momentum turning up from oversold levels.”
Notes & caveats
Thematic ETFs holding, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-10-20 (Thematic ETFs bot list: /home/box/thematic-etf-scorecard/latest.json (built 2026-10-21 07:51 PT, from PortfolioDashboardBBG.xlsx MASTER!CK6 'THEMATIC ETFS' block; live at https://skc-thematic-etfs.pages.dev/)); Theme: Oil Services. Benchmarks: S&P 500 (20 pts) and XLE (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
