OVS SPA (OVS.MI) Technical Analysis
BIT:OVS • IT0005043507
Current stock price
OVS.MI Technical Rating and Analysis
Taking everything into account, OVS scores 3 out of 10 in our technical rating. Although OVS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month OVS has a been trading in the 4.35 - 5.04 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that OVS is one of the better performing stocks in the market, outperforming 72% of all 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 45 other stocks in this industry. OVS outperforms 90% of them.
- OVS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OVS is performing more or less in line with the market.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
OVS.MI Weekly and Daily overview Charts
OVS.MI Setup Rating and Analysis
The technical rating of OVS is bad and it also does not present a quality setup 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
OVS.MI Support and Resistance Analysis
3.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.42 to 4.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.58 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.71 to 4.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.01 to 5.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for OVS.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OVS.MI is down. |
| ChartMill Relative Strength | 72.82 | POSITIVE | OVS.MI has a high relative strength, it outperformed 72.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OVS.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OVS.MI is below a declining 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) | 33.74 | NEUTRAL | The RSI value for OVS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests OVS.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.61 | OVERSOLD | The low Stochastics value suggests OVS.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for OVS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.86 | NEUTRAL | The ADX value for OVS.MI suggests a possible start of a new trend. |
OVS.MI Chart- and CandleStick Pattern Analysis
OVS.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:OVS (3/13/2026, 7:00:00 PM)
4.43
-0.02 (-0.36%)
OVS SPA / OVS.MI TA FAQ
Can you provide the ChartMill technical rating for OVS SPA?
ChartMill assigns a technical rating of 3 / 10 to OVS.MI.
Can you provide the trend direction for OVS SPA?
The current trend direction for OVS SPA (OVS.MI) is Bearish.
Can you provide the RSI signal for OVS SPA?
OVS SPA (OVS.MI) has an RSI value of 33.7417. 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 -0.0519246, indicating a bearish trend.