OVS SPA (OVS.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:OVS - IT0005043507 - Common Stock
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.
Although OVS has an excellent technical rating, it does not present a decent entry opportunity 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
3.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.39 to 4.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.19 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.49 from a trend line in the weekly time frame.
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 | 84.75 | POSITIVE | OVS.MI has a high relative strength, it outperformed 84.75% 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) | 72.19 | OVERBOUGHT | The high RSI value suggests OVS.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests OVS.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.14 | OVERBOUGHT | The high Stochastics value suggests OVS.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for OVS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.32 | POSITIVE | The high ADX value value for OVS.MI suggests a strong trend. |
BIT:OVS (1/2/2026, 7:00:00 PM)
4.84
-0.02 (-0.37%)
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.
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 72.1875. This indicates that the stock is currently overbought.
What is the MACD signal for OVS stock?
The MACD indicator for OVS SPA (OVS.MI) has a value of 0.033918, indicating a bearish trend.
What is the buy/sell signal for OVS SPA (OVS.MI) stock?
The buy/sell signal for OVS SPA (OVS.MI) is buy as both the short term and long term trends are positive.