OCULUS INC (OVT.CA) Stock Technical Analysis
TSX-V:OVT - TSX Venture Exchange - US67575Y1091 - Common Stock - Currency: CAD
Overall OVT gets a technical rating of 0 out of 10. OVT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, OVT is a bad performer in the overall market: 94% of all stocks are doing better.
OVT is part of the IT Services industry. There are 12 other stocks in this industry, of which 100% are performing better than OVT.
OVT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month OVT has a been trading in the 0.04 - 0.07 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: OVT has an average volume of 13672 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
OVT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
0.04
0.08
We found 1 important support area.
- Support @0.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.07 from a horizontal line in the daily time frame.
- Resistance @0.08 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 | DOWN | NEGATIVE | The long term trend for OVT.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OVT.CA is neutral. |
| ChartMill Relative Strength | 6.44 | NEGATIVE | OVT.CA has a low relative strength, it was outperformed by 93.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OVT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OVT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OVT.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.97 | NEUTRAL | The RSI value for OVT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OVT.CA has a negative trend. |
| Stochastics (14,3) | 23.33 | NEUTRAL | The Stochastics value for OVT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 18.33 | HIGH VOLATILITY | The high ATR as a percentage value for OVT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.87 | NEGATIVE | The low ADX value for OVT.CA suggests a weak or negative 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)
TSX-V:OVT (7/11/2025, 7:00:00 PM)
0.045
-0.01 (-18.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-18.18%
1 Week-18.18%
2 Weeks-25%
1 Month-10%
3 Month-30.77%
6 Month-35.71%
12 Month-30.77%
2 Year-43.75%
3 Year-85.94%
5 Year-86.36%
10 Year-55%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%18.33%
ATR Inc21.74%
Range Today0
ADR(20)0
ADR(20)%10%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.44
Mansfield-3.52
10 Day High0.06
10 Day Low0.05
20 Day High0.07
20 Day Low0.04
52 Week High0.12
52 Week Low0.04
CS1 End0.04
CR1 Start0.05
Volume & EV
DER(3)0%
DER(5)0%
Volume3.25K
Volume Incr-77.58%
Vol(5)5.07K
Vol(50)13.67K