OVS SPA (OVS.MI) Stock Technical Analysis
BIT:OVS - IT0005043507 - Common Stock
4.142 EUR
+0.05 (+1.27%)
Overall OVS gets a technical rating of 10 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 and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that OVS is one of the better performing stocks in the market, outperforming 89% 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 46 other stocks in this industry. OVS outperforms 91% of them.
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.
OVS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Besides having an excellent technical rating, OVS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.15. Right above this resistance zone may be a good entry point.
More info and screens
3.28
4.19
We found 4 important support areas.
- A support zone ranging from 4.09 to 4.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.78 to 3.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.54 to 3.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.31 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.15 to 4.15. 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 | 89.89 | POSITIVE | OVS.MI has a high relative strength, it outperformed 89.89% 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) | 70.26 | OVERBOUGHT | The high RSI value suggests OVS.MI may be overbought. |
| 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) | 75.38 | NEUTRAL | The Stochastics value for OVS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for OVS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 41.74 | POSITIVE | The high ADX value value for OVS.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 4.16 | 4.08 | 0.08 (1.92%) | 25.00% |
| An entry @4.16. This is a Buy Stop order right above the resistance zone. | An exit @4.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.08 points, which is 1.92%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OVS. Please evaluate whether better entry and exit points can be found.
- 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 (9/10/2025, 7:00:00 PM)
4.142
+0.05 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg1.27%
1 Week2.73%
2 Weeks2.27%
1 Month9.98%
3 Month18.41%
6 Month26.36%
12 Month51.06%
2 Year110.47%
3 Year141.66%
5 Year319.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%2.08%
ATR Inc-22.66%
Range Today0.07
ADR(20)0.08
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.89
Mansfield1.17
10 Day High4.19
10 Day Low3.98
20 Day High4.19
20 Day Low3.74
52 Week High4.19
52 Week Low2.64
CS1 End4.14
CR1 Start4.15
Volume & EV
DER(3)-3.26%
DER(5)-0.42%
Volume259.29K
Volume Incr-43.24%
Vol(5)272.73K
Vol(50)440.39K