OVS SPA (OVS.MI) Technical Analysis
BIT:OVS • IT0005043507
Current stock price
OVS.MI Technical Rating and Analysis
Taking everything into account, OVS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OVS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, OVS did better than 88% of all other stocks. On top of that, OVS also shows a nice and consistent pattern of rising prices.
- OVS is part of the Textiles, Apparel & Luxury Goods industry. There are 53 other stocks in this industry. OVS outperforms 98% of them.
- OVS is currently making a new 52 week high. This is a strong signal. 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 4.20 - 5.43 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OVS.MI Weekly and Daily overview Charts
OVS.MI Setup Rating and Analysis
Although OVS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
OVS.MI Support and Resistance Analysis
3.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.82 to 4.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.31 to 4.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.66 from a trend line in the weekly time frame.
OVS.MI Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for OVS.MI is up. |
| ChartMill Relative Strength | 88.45 | POSITIVE | OVS.MI has a high relative strength, it outperformed 88.45% 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) | 76.78 | OVERBOUGHT | The high RSI value suggests OVS.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OVS.MI has a positive trend. |
| Stochastics (14,3) | 94.57 | OVERBOUGHT | The high Stochastics value suggests OVS.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for OVS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.21 | POSITIVE | The high ADX value value for OVS.MI suggests a strong trend. |
OVS.MI Chart- and CandleStick Pattern Analysis
OVS.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:OVS (4/21/2026, 7:00:00 PM)
5.38
+0.08 (+1.41%)
OVS SPA / OVS.MI TA FAQ
Can you provide the ChartMill technical rating for OVS SPA?
ChartMill assigns a technical rating of 10 / 10 to OVS.MI.
Can you provide the trend direction for OVS SPA?
The current trend direction for OVS SPA (OVS.MI) is Bullish.
What is the RSI signal for OVS stock?
OVS SPA (OVS.MI) has an RSI value of 76.7814. This indicates that the stock is currently overbought.
Can you provide the short term momentum for OVS SPA?
The short term momentum for OVS SPA (OVS.MI) is positive.
Can you provide the support and resistance levels for OVS SPA?
OVS SPA (OVS.MI) has a support level at 4.89. Check the full technical report for our detailed analysis of OVS.MI support and resistance levels.