MV OIL TRUST (MVO) Technical Analysis
NYSE:MVO • US5538591091
Current stock price
MVO Technical Rating and Analysis
Taking everything into account, MVO scores 4 out of 10 in our technical rating. In the past year, MVO was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- MVO is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 68% of 209 stocks in the same industry do better.
- MVO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MVO is lagging the market.
- In the last month MVO has a been trading in the 1.81 - 3.37 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that MVO is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Considerably lower volume is observed in the last couple of days.
MVO Weekly and Daily overview Charts
MVO Setup Rating and Analysis
Although the technical rating is only medium, MVO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MVO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MVO Support and Resistance Analysis
1.22
When analyzing the support we notice one important area.
- Support @1.23 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.20 to 2.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.53 to 2.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.03 from a trend line in the weekly time frame.
MVO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MVO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MVO is neutral. |
| ChartMill Relative Strength | 73.82 | POSITIVE | MVO has a high relative strength, it outperformed 73.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MVO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MVO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MVO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.46 | NEUTRAL | The RSI value for MVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MVO has a negative trend. |
| Stochastics (14,3) | 29.95 | NEUTRAL | The Stochastics value for MVO is a neutral value. |
| Average True Range in percent/ATR (20) | 17.72 | HIGH VOLATILITY | The high ATR as a percentage value for MVO suggests high volalility. |
| Average Directional Index/ADX (14) | 45.15 | POSITIVE | The high ADX value value for MVO suggests a strong trend. |
MVO Chart- and CandleStick Pattern Analysis
MVO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MVO (3/24/2026, 4:15:00 PM)
2.17
-0.04 (-1.81%)
MV OIL TRUST / MVO TA FAQ
What is the ChartMill technical rating of MV OIL TRUST (MVO) stock?
ChartMill assigns a technical rating of 4 / 10 to MVO.
Can you provide the trend direction for MV OIL TRUST?
The current trend direction for MV OIL TRUST (MVO) is Bearish.
What is the RSI signal for MV OIL TRUST (MVO) stock?
MV OIL TRUST (MVO) has an RSI value of 51.4614. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MV OIL TRUST?
The MACD indicator for MV OIL TRUST (MVO) has a value of -0.0359867, indicating a bearish trend.