Overall OVID gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OVID is showing a nice and steady performance.
Although OVID 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.
More info and screens
1.20
When analyzing the support we notice one important area.
- Support @1.21 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.85 to 1.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 OVID is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OVID is up. |
| ChartMill Relative Strength | 92.98 | POSITIVE | OVID has a high relative strength, it outperformed 92.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OVID is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OVID is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OVID is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.66 | NEUTRAL | The RSI value for OVID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests OVID has a positive trend. |
| Stochastics (14,3) | 91.69 | OVERBOUGHT | The high Stochastics value suggests OVID may be overbought. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for OVID suggests high volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for OVID suggests a weak or negative trend. |
1.78
+0.15 (+9.2%)
OVID THERAPEUTICS INC / OVID FAQ
Can you provide the ChartMill technical rating for OVID THERAPEUTICS INC?
ChartMill assigns a technical rating of 9 / 10 to OVID.
What is the trend direction for OVID stock?
The current trend direction for OVID THERAPEUTICS INC (OVID) is Bullish.
What is the RSI signal for OVID THERAPEUTICS INC (OVID) stock?
OVID THERAPEUTICS INC (OVID) has an RSI value of 68.6631. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OVID THERAPEUTICS INC?
The MACD indicator for OVID THERAPEUTICS INC (OVID) has a value of 0.0507879, indicating a bearish trend.
What is the buy/sell signal for OVID stock?
The buy/sell signal for OVID THERAPEUTICS INC (OVID) is buy as both the short term and long term trends are positive.