OCULUS INC (OVT.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:OVT - US67575Y1091 - Common Stock
Overall OVT gets a technical rating of 0 out of 10. OVT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, OVT is a bad performer in the overall market: 98% of all stocks are doing better.
- OVT is part of the IT Services industry. There are 11 other stocks in this industry, of which 80% are performing better than OVT.
- OVT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month OVT has a been trading in the 0.04 - 0.04 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: OVT has an average volume of 22326 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 bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for OVT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.03
We can see 3 important resistance areas.
- A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.07 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 | DOWN | NEGATIVE | The short term trend for OVT.CA is down. |
| ChartMill Relative Strength | 2.6 | NEGATIVE | OVT.CA has a low relative strength, it was outperformed by 97.4% 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) | DOWN | NEGATIVE | The current price of OVT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.57 | 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. |
| Average True Range in percent/ATR (20) | 8.57 | HIGH VOLATILITY | The high ATR as a percentage value for OVT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.75 | NEGATIVE | The low ADX value for OVT.CA suggests a weak or negative trend. |
TSX-V:OVT (1/26/2026, 7:00:00 PM)
0.035
0 (0%)
OCULUS INC / OVT.CA FAQ
Can you provide the ChartMill technical rating for OCULUS INC?
ChartMill assigns a technical rating of 0 / 10 to OVT.CA.
What is the current trend direction of OCULUS INC (OVT.CA) stock?
The current trend direction for OCULUS INC (OVT.CA) is Bearish.
What is the RSI signal for OVT stock?
OCULUS INC (OVT.CA) has an RSI value of 43.5708. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OCULUS INC?
The MACD indicator for OCULUS INC (OVT.CA) has a value of -0.000134801, indicating a bearish trend.
Can you provide the support and resistance levels for OCULUS INC?
OCULUS INC (OVT.CA) has a resistance level at 0.04. Check the full technical report for our detailed analysis of OVT.CA support and resistance levels.