OVID THERAPEUTICS INC (OVID) Stock Technical Analysis
NASDAQ:OVID - US6904691010 - Common Stock
1.2088 USD
-0.08 (-6.29%)
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.
The long and short term trends are both positive. This is looking good!
OVID is part of the Biotechnology industry. There are 542 other stocks in this industry. OVID outperforms 96% of them.
OVID is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OVID is lagging the market slightly.
In the last month OVID has a been trading in the 0.50 - 1.34 range, which is quite wide. It is currently trading near the high of this range.
OVID has an average volume of 2196610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, OVID did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Although OVID has an excellent technical rating, it does not offer a high quality setup 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
1.20
1.31
When analyzing the resistance we notice 2 important areas.
- Resistance @1.22 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.28 to 1.30. This zone is formed by a combination of multiple trend lines in the weekly 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 OVID is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OVID is up. |
| ChartMill Relative Strength | 98.2 | POSITIVE | OVID has a high relative strength, it outperformed 98.2% 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) | 77.41 | OVERBOUGHT | The high RSI value suggests OVID may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OVID has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.31 | OVERBOUGHT | The high Stochastics value suggests OVID may be overbought. |
| Average True Range in percent/ATR (20) | 8.67 | HIGH VOLATILITY | The high ATR as a percentage value for OVID suggests high volalility. |
| Average Directional Index/ADX (14) | 58.13 | POSITIVE | The high ADX value value for OVID suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:OVID (9/5/2025, 3:18:03 PM)
1.2088
-0.08 (-6.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.29%
1 Week2.38%
2 Weeks35.79%
1 Month152.84%
3 Month304.9%
6 Month148.32%
12 Month26.47%
2 Year-66.41%
3 Year-29.89%
5 Year-77.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.67%
ATR Inc-4.58%
Range Today0.13
ADR(20)0.11
ADR(20)%9.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.2
Mansfield6.36
10 Day High1.34
10 Day Low0.9
20 Day High1.34
20 Day Low0.5
52 Week High1.47
52 Week Low0.24
CS1 End1.22
CR1 Start1.3
Volume & EV
DER(3)-3.26%
DER(5)-2.79%
Volume1.15M
Volume Incr-25.99%
Vol(5)1.30M
Vol(50)2.20M