Overall OVLY gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OVLY is only an average performer.
OVLY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 30.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.18, a Stop Loss order could be placed below this zone.
24.34
When analyzing the support we can see 6 important areas.
When analyzing the resistance we notice one important 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 OVLY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OVLY is up. |
| ChartMill Relative Strength | 75.96 | POSITIVE | OVLY has a high relative strength, it outperformed 75.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OVLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OVLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OVLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.85 | NEUTRAL | The RSI value for OVLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests OVLY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.23 | NEUTRAL | The Stochastics value for OVLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for OVLY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.27 | NEGATIVE | The low ADX value for OVLY suggests a weak or negative 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 |
|---|---|---|---|
| 31.45 | 29.69 | 1.76 (5.60%) | 17.87% |
| An entry @31.45. This is a Buy Stop order right above the resistance zone. | An exit @29.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.76 points, which is 5.60%. | When investing 17.87% of your capital in this trade, your total portfolio risk will be 1.00%. |
NASDAQ:OVLY (1/6/2026, 2:15:54 PM)
30.22
-0.21 (-0.69%)
ChartMill assigns a technical rating of 8 / 10 to OVLY.
The current trend direction for OAK VALLEY BANCORP (OVLY) is Bullish.
OAK VALLEY BANCORP (OVLY) has an RSI value of 60.8475. This indicates that the stock is currently neutral.
The buy/sell signal for OAK VALLEY BANCORP (OVLY) is buy as both the short term and long term trends are positive.
OAK VALLEY BANCORP (OVLY) has a support level at 30.18 and a resistance level at 30.76. Check the full technical report for our detailed analysis of OVLY support and resistance levels.