We assign a technical rating of 8 out of 10 to OVLY. Although OVLY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
OVLY has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. 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 29.35, a Stop Loss order could be placed below this zone.
More info and screens
24.34
5 important support areas can be observed.
- A support zone ranging from 28.49 to 29.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.57 from a horizontal line in the daily time frame.
- A support zone ranging from 26.39 to 27.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.91 from a horizontal line in the weekly time frame.
- A support zone ranging from 24.59 to 24.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.76 to 31.44. 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 OVLY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OVLY is up. |
| ChartMill Relative Strength | 71.95 | POSITIVE | OVLY has a high relative strength, it outperformed 71.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OVLY is below 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) | 51.86 | NEUTRAL | The RSI value for OVLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests OVLY has a negative trend. |
| Stochastics (14,3) | 32 | NEUTRAL | The Stochastics value for OVLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for OVLY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.2 | 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 |
|---|---|---|---|
| 30.80 | 29.44 | 1.36 (4.42%) | 22.65% |
| An entry @30.80. This is a Buy Stop order right above the 10 day high. | An exit @29.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.36 points, which is 4.42%. | When investing 22.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:OVLY (1/7/2026, 8:00:02 PM)
29.78
-0.28 (-0.93%)
OAK VALLEY BANCORP / OVLY FAQ
What is the technical rating for OVLY stock?
ChartMill assigns a technical rating of 8 / 10 to OVLY.
Can you provide the trend direction for OAK VALLEY BANCORP?
The current trend direction for OAK VALLEY BANCORP (OVLY) is Bullish.
What is the RSI signal for OAK VALLEY BANCORP (OVLY) stock?
OAK VALLEY BANCORP (OVLY) has an RSI value of 51.859. This indicates that the stock is currently neutral.
What is the buy/sell signal for OVLY stock?
The buy/sell signal for OAK VALLEY BANCORP (OVLY) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for OAK VALLEY BANCORP?
OAK VALLEY BANCORP (OVLY) has a support level at 29.35 and a resistance level at 30.76. Check the full technical report for our detailed analysis of OVLY support and resistance levels.