OVINTIV INC (OVV.CA) Stock Technical Analysis
TSX:OVV - Toronto Stock Exchange - US69047Q1022 - Common Stock - Currency: CAD
Overall OVV gets a technical rating of 0 out of 10. OVV'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, OVV is a bad performer in the overall market: 86% of all stocks are doing better.
OVV is part of the Oil, Gas & Consumable Fuels industry. There are 218 other stocks in this industry, of which 60% are performing better than OVV.
OVV is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month OVV has a been trading in the 42.35 - 52.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OVV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OVV 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
43.82
66.40
We found 2 important support areas.
- A support zone ranging from 45.53 to 47.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 49.02 to 49.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 61.98 to 62.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 65.26 to 65.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.75
Mansfield-1.77
10 Day High49.07
10 Day Low44.52
20 Day High52.53
20 Day Low42.35
52 Week High72.55
52 Week Low42.35
Performance
1 Week1.98%
2 Weeks4.48%
1 Month-10.89%
3 Month-20.14%
6 Month-9.92%
12 Month-30.42%
2 Year9.23%
3 Year-30.85%
5 Year372.16%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.64
RSI(14)47.45
LBB44.28
UBB49.42
TSX:OVV (5/2/2025, 7:00:00 PM)
49.01
+1.4 (+2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.94%
1 Week1.98%
2 Weeks4.48%
1 Month-10.89%
3 Month-20.14%
6 Month-9.92%
12 Month-30.42%
2 Year9.23%
3 Year-30.85%
5 Year372.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.84
ATR(20)%6.52%
ATR Inc-11.58%
Range Today1.97
ADR(20)2.81
ADR(20)%5.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.75
Mansfield-1.77
10 Day High49.07
10 Day Low44.52
20 Day High52.53
20 Day Low42.35
52 Week High72.55
52 Week Low42.35
CS1 End47.34
CR1 Start49.02
Volume & EV
DER(3)3.85%
DER(5)5.69%
Volume213.14K
Volume Incr-49.9%
Vol(5)152.73K
Vol(50)230.54K