Oil States International Inc

In Stage 4 decline, OIS shows a decisive break below key support and all major moving averages, confirming persistent bearish momentum. The active Support Failure pattern suggests further downside acceleration as buyers fail to absorb supply. Short-term rejections at the 9/21 EMA and 50 SMA provide favorable selling points on rallies. With no mean-reversion eligibility and continued distribution bias, the medium-term bias remains bearish and execution should occur now.

• ↑Q2 revenue $157M (+8% seq) and backlog $451M (+24% yoy)
• ↑Q2 adjusted EBITDA $19M (+14% seq); Q3 EBITDA margin guide ~20%
• ↓Middle East conflict delays contract awards, slowing revenue realization