Overall OVL gets a technical rating of 5 out of 10. OVL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- Warning: OVL has an average volume of 17388 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- OVL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, OVL turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- In the last month OVL has a been trading in a tight range between 52.24 and 54.61.
OVL has an average technical rating and the quality of the presented setup is also not ideal 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
38.79
We found 5 important support areas.
- A support zone ranging from 52.55 to 53.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.56 from a horizontal line in the daily time frame.
- Support @50.43 from a horizontal line in the daily time frame.
- Support @49.48 from a horizontal line in the daily time frame.
- Support @39.18 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 53.79 to 54.57. This zone is formed by a combination of multiple trend lines and important moving averages 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 OVL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OVL is neutral. |
| ChartMill Relative Strength | 58.85 | NEUTRAL | OVL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OVL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OVL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OVL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.52 | NEUTRAL | The RSI value for OVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests OVL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.62 | NEUTRAL | The Stochastics value for OVL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for OVL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.71 | NEGATIVE | The low ADX value for OVL suggests a weak or negative trend. |
NYSEARCA:OVL (2/6/2026, 7:59:27 PM)
53.78
+1.39 (+2.65%)
OVERLAY SHARES LARGE CAP EQ / OVL FAQ
What is the technical rating for OVL stock?
ChartMill assigns a technical rating of 5 / 10 to OVL.
Can you provide the trend direction for OVERLAY SHARES LARGE CAP EQ?
The current trend direction for OVERLAY SHARES LARGE CAP EQ (OVL) is Bullish.
What is the RSI signal for OVL stock?
OVERLAY SHARES LARGE CAP EQ (OVL) has an RSI value of 50.5177. This indicates that the stock is currently neutral.
What is the MACD signal for OVERLAY SHARES LARGE CAP EQ (OVL) stock?
The MACD indicator for OVERLAY SHARES LARGE CAP EQ (OVL) has a value of -0.12145, indicating a bearish trend.
What is the short term momentum for OVERLAY SHARES LARGE CAP EQ (OVL) stock?
The short term momentum for OVERLAY SHARES LARGE CAP EQ (OVL) is neutral.