OCULUS INC (OVT.CA) Stock Technical Analysis
TSX-V:OVT - TSX Venture Exchange - US67575Y1091 - Common Stock - Currency: CAD
Taking everything into account, OVT scores 2 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, OVT is a bad performer in the overall market: 89% of all stocks are doing better.
OVT is one of the lesser performing stocks in the IT Services industry. 100% of 12 stocks in the same industry do better.
OVT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OVT is lagging the market.
Warning: OVT has an average volume of 13907 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month OVT has a been trading in the 0.04 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OVT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.06. Right above this resistance zone may be a good entry point.
More info and screens
0.05
0.08
We can see 3 important resistance areas.
- 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 multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for OVT.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OVT.CA is neutral. |
| ChartMill Relative Strength | 11.26 | NEGATIVE | OVT.CA has a low relative strength, it was outperformed by 88.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OVT.CA is below the rising 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) | 46.05 | NEUTRAL | The RSI value for OVT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OVT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60 | NEUTRAL | The Stochastics value for OVT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.5 | HIGH VOLATILITY | The high ATR as a percentage value for OVT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.34 | NEUTRAL | The ADX value for OVT.CA suggests a possible start of a new 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 (6/6/2025, 7:00:00 PM)
0.05
-0.01 (-16.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-16.67%
1 Week-9.09%
2 Weeks0%
1 Month11.11%
3 Month-33.33%
6 Month-28.57%
12 Month-16.67%
2 Year-44.44%
3 Year-83.61%
5 Year-90.38%
10 Year-52.38%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%12.5%
ATR Inc10.53%
Range Today0
ADR(20)0
ADR(20)%6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.26
Mansfield-2.73
10 Day High0.07
10 Day Low0.04
20 Day High0.07
20 Day Low0.04
52 Week High0.12
52 Week Low0.04
CS1 EndN/A
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0%
Volume7.29K
Volume Incr22.5%
Vol(5)13.05K
Vol(50)13.91K