OSISKO DEVELOPMENT CORP (ODV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ODV - CA68828E8099 - Common Stock
Taking everything into account, ODV scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ODV is showing a nice and steady performance.
Although ODV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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2.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.23 to 3.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.05 from a trend line in the daily time frame.
- Support @2.86 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for ODV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ODV is up. |
| ChartMill Relative Strength | 95.88 | POSITIVE | ODV has a high relative strength, it outperformed 95.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ODV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ODV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ODV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.6 | OVERBOUGHT | The high RSI value suggests ODV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ODV has a positive trend. |
| Stochastics (14,3) | 92.63 | OVERBOUGHT | The high Stochastics value suggests ODV may be overbought. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ODV suggests some volalility. |
| Average Directional Index/ADX (14) | 23.95 | NEUTRAL | The ADX value for ODV suggests a possible start of a new trend. |
4.06
+0.03 (+0.74%)
OSISKO DEVELOPMENT CORP / ODV FAQ
What is the technical rating for ODV stock?
ChartMill assigns a technical rating of 10 / 10 to ODV.
What is the trend direction for ODV stock?
The current trend direction for OSISKO DEVELOPMENT CORP (ODV) is Bullish.
Can you provide the RSI signal for OSISKO DEVELOPMENT CORP?
OSISKO DEVELOPMENT CORP (ODV) has an RSI value of 72.6029. This indicates that the stock is currently overbought.
What is the short term momentum for ODV stock?
The short term momentum for OSISKO DEVELOPMENT CORP (ODV) is positive.
What is the buy/sell signal for OSISKO DEVELOPMENT CORP (ODV) stock?
The buy/sell signal for OSISKO DEVELOPMENT CORP (ODV) is buy as both the short term and long term trends are positive.