OLIVUT RESOURCES LTD (OLV.CA) Technical Analysis
TSX-V:OLV • CA6811031070
We assign a technical rating of 7 out of 10 to OLV. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, OLV is a bad performer.
- When comparing the yearly performance of all stocks, OLV is a bad performer in the overall market: 71% of all stocks are doing better.
- OLV is part of the Metals & Mining industry. There are 816 other stocks in this industry, of which 81% are performing better than OLV.
- OLV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month OLV has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OLV has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.04
When analyzing the support we can see 2 important areas.
- A support 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 support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The long term trend for OLV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OLV.CA is up. |
| ChartMill Relative Strength | 29.64 | NEGATIVE | OLV.CA has a low relative strength, it was outperformed by 70.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OLV.CA is above the rising 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 | MIXED | The current price of OLV.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.85 | 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) | 61.11 | NEUTRAL | The Stochastics value for OLV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for OLV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.04 | POSITIVE | The high ADX value value for OLV.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.07 | 0.04 | 0.03 (42.86%) | 2.33% |
| An entry @0.07. This is a Buy Stop order right above the resistance zone. | An exit @0.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 42.86%. | When investing 2.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OLV.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:OLV (3/3/2026, 7:00:00 PM)
0.055
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 7 / 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 Bullish.
What is the RSI signal for OLV stock?
OLIVUT RESOURCES LTD (OLV.CA) has an RSI value of 56.8475. 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 positive.
Can you provide the support and resistance levels for OLIVUT RESOURCES LTD?
OLIVUT RESOURCES LTD (OLV.CA) has a support level at 0.05 and a resistance level at 0.06. Check the full technical report for our detailed analysis of OLV.CA support and resistance levels.