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Technical Tuesday: Comparing Technical Signals for the US Oil Sector

Oct 30, 2018

The Data Daily: Where the charts tell the story

In this week's Technical Tuesday, we look at a comparison of technical signals for the US oil sector.

 

On the graphs below, you can see iShares U.S. Oil & Gas Exploration & Production ETF (IEO), iShares U.S. Oil Equipment & Services ETF (IEZ), ConocoPhillips (COP), Occidental Petroleum Corporation (OXY), Anadarko Petroleum Corporation (APC) and Marathon Oil Corporation (MRO) have all hit oversold levels according to the 14-day RSI technical indicator.

 

Exploration & Production - iShares U.S. Oil & Gas Exploration & Production ETF (IEO)

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U.S. Oil Equipment & Services - iShares U.S. Oil Equipment & Services ETF (IEZ) 

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ConocoPhillips (COP)

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Occidental Petroleum Corporation (OXY)

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Anadarko Petroleum Corporation (APC)

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Marathon Oil Corporation (MRO)

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