USA - NASDAQ:OVID - US6904691010 - Common Stock
Overall OVID gets a technical rating of 6 out of 10. In the last year, OVID was one of the better performers, but we do observe some doubts in the very recent evolution.
OVID has an average technical rating and also 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.
1.36
We found 1 important support area.
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The short term trend for OVID is down. | 
| ChartMill Relative Strength | 95.75 | POSITIVE | OVID has a high relative strength, it outperformed 95.75% off all stocks on the market. | 
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OVID is below a declining SMA(20). | 
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OVID is below 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) | 44.45 | NEUTRAL | The RSI value for OVID is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests OVID has a negative trend, although the MACD value is rising. | 
| Stochastics (14,3) | 7.7 | OVERSOLD | The low Stochastics value suggests OVID may be oversold. | 
| Average True Range in percent/ATR (20) | 10.08 | HIGH VOLATILITY | The high ATR as a percentage value for OVID suggests high volalility. | 
| Average Directional Index/ADX (14) | 30.34 | POSITIVE | The high ADX value value for OVID suggests a strong trend. | 
1.38
-0.01 (-0.72%)
ChartMill assigns a technical rating of 6 / 10 to OVID.
The current trend direction for OVID THERAPEUTICS INC (OVID) is Bullish.
OVID THERAPEUTICS INC (OVID) has an RSI value of 44.4531. This indicates that the stock is currently neutral.
The MACD indicator for OVID THERAPEUTICS INC (OVID) has a value of -0.0454255, indicating a bearish trend.
The buy/sell signal for OVID THERAPEUTICS INC (OVID) is hold as the short term and long term trends are mixed.