OVINTIV INC (OVV.CA) Technical Analysis
TSX:OVV • US69047Q1022
Current stock price
OVV.CA Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to OVV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OVV is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by OVV, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so OVV is leading the market.
- In the last month OVV has a been trading in the 65.66 - 79.64 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, OVV did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- OVV is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, OVV did better than 68% of them.
- Considerably lower volume is observed in the last couple of days.
OVV.CA Weekly and Daily overview Charts
OVV.CA Setup Rating and Analysis
Although OVV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
OVV.CA Support and Resistance Analysis
49.89
5 important support areas can be observed.
- Support @67.47 from a horizontal line in the daily time frame.
- A support zone ranging from 54.34 to 55.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.25 from a horizontal line in the daily time frame.
- Support @51.86 from a horizontal line in the daily time frame.
- Support @50.39 from a horizontal line in the daily time frame.
OVV.CA Technical Indicator Signal Analysis
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 OVV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OVV.CA is up. |
| ChartMill Relative Strength | 81.44 | POSITIVE | OVV.CA has a high relative strength, it outperformed 81.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OVV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OVV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OVV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.63 | OVERBOUGHT | The high RSI value suggests OVV.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests OVV.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.14 | OVERBOUGHT | The high Stochastics value suggests OVV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for OVV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 46.93 | POSITIVE | The high ADX value value for OVV.CA suggests a strong trend. |
OVV.CA Chart- and CandleStick Pattern Analysis
OVV.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:OVV (3/20/2026, 7:00:00 PM)
78.17
-0.06 (-0.08%)
OVINTIV INC / OVV.CA TA FAQ
What is the ChartMill technical rating of OVINTIV INC (OVV.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to OVV.CA.
Can you provide the trend direction for OVINTIV INC?
The current trend direction for OVINTIV INC (OVV.CA) is Bullish.
Can you provide the RSI signal for OVINTIV INC?
OVINTIV INC (OVV.CA) has an RSI value of 74.6259. This indicates that the stock is currently overbought.
What is the short term momentum for OVV stock?
The short term momentum for OVINTIV INC (OVV.CA) is positive.
What is the buy/sell signal for OVINTIV INC (OVV.CA) stock?
The buy/sell signal for OVINTIV INC (OVV.CA) is buy as both the short term and long term trends are positive.