OVS SPA (OVS.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:OVS • IT0005043507
Taking everything into account, OVS scores 10 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, OVS did better than 82% of all other stocks. We also observe that the gains produced by OVS over the past year are nicely spread over this period.
- OVS is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 95% of 47 stocks in the same industry.
- 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.
- In the last month OVS has a been trading in the 4.50 - 5.01 range, which is quite wide. It is currently trading near the high of this range.
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
3.52
We found 3 important support areas.
- A support zone ranging from 4.58 to 4.82. 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.
- Support @3.56 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 | 82.56 | POSITIVE | OVS.MI has a high relative strength, it outperformed 82.56% 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) | 64.15 | NEUTRAL | The RSI value for OVS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OVS.MI has a positive trend. |
| Stochastics (14,3) | 81.66 | OVERBOUGHT | The high Stochastics value suggests OVS.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for OVS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.53 | NEGATIVE | The low ADX value for OVS.MI suggests a weak or negative trend. |
BIT:OVS (2/6/2026, 7:00:00 PM)
5
+0.11 (+2.25%)
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 64.15. 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 0.0117713, 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.