OVS SPA (OVS.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:OVS • IT0005043507
Overall OVS gets a technical rating of 9 out of 10. Both in the recent history as in the last year, OVS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, OVS did better than 78% of all other stocks. On top of that, OVS also shows a nice and consistent pattern of rising prices.
- OVS is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 93% of 47 stocks in the same industry.
- OVS 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.
- In the last month OVS has a been trading in the 4.50 - 4.90 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
Besides having an excellent technical rating, OVS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.79, a Stop Loss order could be placed below this zone.
More info and screens
3.52
We found 4 important support areas.
- A support zone ranging from 4.58 to 4.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.48 from a trend line in the daily time frame.
- Support @4.19 from a horizontal line in the daily time frame.
- Support @3.56 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.87 to 4.90. 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 OVS.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OVS.MI is neutral. |
| ChartMill Relative Strength | 78.25 | POSITIVE | OVS.MI has a high relative strength, it outperformed 78.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OVS.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OVS.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OVS.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.54 | NEUTRAL | The RSI value for OVS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OVS.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.96 | NEUTRAL | The Stochastics value for OVS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for OVS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.06 | NEGATIVE | The low ADX value for OVS.MI 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 |
|---|---|---|---|
| 4.91 | 4.58 | 0.33 (6.72%) | 14.88% |
| An entry @4.91. This is a Buy Stop order right above the resistance zone. | An exit @4.58. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.33 points, which is 6.72%. | For a 1.00% total portfolio risk, you can invest 14.88% of your capital in this trade. |
- 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.
BIT:OVS (2/4/2026, 12:31:52 PM)
4.794
-0.03 (-0.54%)
OVS SPA / OVS.MI FAQ
Can you provide the ChartMill technical rating for OVS SPA?
ChartMill assigns a technical rating of 9 / 10 to OVS.MI.
Can you provide the trend direction for OVS SPA?
The current trend direction for OVS SPA (OVS.MI) is Bullish.
Can you provide the RSI signal for OVS SPA?
OVS SPA (OVS.MI) has an RSI value of 55.5394. This indicates that the stock is currently neutral.
What is the MACD signal for OVS stock?
The MACD indicator for OVS SPA (OVS.MI) has a value of -0.00275695, indicating a bearish trend.