OLIVUT RESOURCES LTD (OLV.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:OLV - CA6811031070 - Common Stock
Overall OLV gets a technical rating of 2 out of 10. OLV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 91% of all other stocks performed better in the past year than OLV.
- OLV is part of the Metals & Mining industry. There are 817 other stocks in this industry, of which 87% are performing better than OLV.
- OLV is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month OLV has a been trading in the 0.04 - 0.05 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: OLV has an average volume of 24803 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, OLV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone.
More info and screens
0.04
When analyzing the support we notice one important area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for OLV.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OLV.CA is neutral. |
| ChartMill Relative Strength | 9.07 | NEGATIVE | OLV.CA has a low relative strength, it was outperformed by 90.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OLV.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OLV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OLV.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.66 | NEUTRAL | The RSI value for OLV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OLV.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for OLV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.33 | HIGH VOLATILITY | The high ATR as a percentage value for OLV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.75 | NEGATIVE | The low ADX value for OLV.CA suggests a weak or negative trend. |
TSX-V:OLV (1/19/2026, 7:00:00 PM)
0.045
0 (0%)
OLIVUT RESOURCES LTD / OLV.CA FAQ
Can you provide the ChartMill technical rating for OLIVUT RESOURCES LTD?
ChartMill assigns a technical rating of 2 / 10 to OLV.CA.
Can you provide the trend direction for OLIVUT RESOURCES LTD?
The current trend direction for OLIVUT RESOURCES LTD (OLV.CA) is Bearish.
What is the RSI signal for OLV stock?
OLIVUT RESOURCES LTD (OLV.CA) has an RSI value of 50.6603. This indicates that the stock is currently neutral.
What is the short term momentum for OLV stock?
The short term momentum for OLIVUT RESOURCES LTD (OLV.CA) is neutral.
Can you provide the support and resistance levels for OLIVUT RESOURCES LTD?
OLIVUT RESOURCES LTD (OLV.CA) has a support level at 0.04 and a resistance level at 0.05. Check the full technical report for our detailed analysis of OLV.CA support and resistance levels.