OVS SPA (OVS.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:OVS - IT0005043507 - Common Stock
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.
OVS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.47
We found 3 important support areas.
- A support zone ranging from 4.42 to 4.52. 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 @3.50 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.85 to 4.89. 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 | 84.37 | POSITIVE | OVS.MI has a high relative strength, it outperformed 84.37% 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) | 65.33 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 85.3 | OVERBOUGHT | The high Stochastics value suggests OVS.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for OVS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.17 | POSITIVE | The high ADX value value for OVS.MI suggests a strong 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 |
|---|---|---|---|
| 4.90 | 4.58 | 0.32 (6.45%) | 15.51% |
| An entry @4.90. This is a Buy Stop order right above the resistance zone. | An exit @4.58. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.32 points, which is 6.45%. | When investing 15.51% 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 (1/8/2026, 7:00:00 PM)
4.838
-0.04 (-0.86%)
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 65.3305. 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 0.0129731, 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.