OVS SPA (OVS.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:OVS - IT0005043507 - Common Stock
We assign a technical rating of 10 out of 10 to OVS. 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.
Although OVS has an excellent technical rating, the quality of the presented setup is not ideal 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
3.43
4 important support areas can be observed.
- A support zone ranging from 4.31 to 4.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.19 from a horizontal line in the daily time frame.
- A support zone ranging from 4.04 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.46 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.55 to 4.55. 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 | UP | POSITIVE | The short term trend for OVS.MI is up. |
| ChartMill Relative Strength | 76.72 | POSITIVE | OVS.MI has a high relative strength, it outperformed 76.72% 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) | 63.5 | NEUTRAL | The RSI value for OVS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OVS.MI has a positive trend. |
| Stochastics (14,3) | 81.27 | OVERBOUGHT | The high Stochastics value suggests OVS.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for OVS.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.34 | 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 |
|---|---|---|---|
| 4.56 | 4.33 | 0.23 (5.13%) | 19.49% |
| An entry @4.56. This is a Buy Stop order right above the resistance zone. | An exit @4.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.23 points, which is 5.13%. | When investing 19.49% 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.
BIT:OVS (12/16/2025, 5:35:30 PM)
4.526
-0.02 (-0.4%)
OVS SPA / OVS.MI FAQ
Can you provide the ChartMill technical rating for OVS SPA?
ChartMill assigns a technical rating of 10 / 10 to OVS.MI.
What is the trend direction for OVS stock?
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 63.4969. This indicates that the stock is currently neutral.
What is the MACD signal for OVS SPA (OVS.MI) stock?
The MACD indicator for OVS SPA (OVS.MI) has a value of 0.00404863, indicating a bearish trend.
What is the short term momentum for OVS stock?
The short term momentum for OVS SPA (OVS.MI) is positive.