OVINTIV INC (OVV.CA) Stock Technical Analysis
Canada - TSX:OVV - US69047Q1022 - Common Stock
54.64 CAD
+0.96 (+1.79%)
Overall OVV gets a technical rating of 2 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.
When comparing the yearly performance of all stocks, OVV is a bad performer in the overall market: 85% of all stocks are doing better.
OVV is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, of which 69% are performing better than OVV.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
OVV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OVV is lagging the market slightly.
In the last month OVV has a been trading in the 50.13 - 55.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, OVV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 54.52, a Stop Loss order could be placed below this zone.
More info and screens
48.67
66.40
When analyzing the support we can see 4 important areas.
- A support zone ranging from 53.07 to 54.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.29 to 51.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 50.38 to 50.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.16 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 58.61 to 59.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 60.17 to 60.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @65.74 from a horizontal 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 OVV.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OVV.CA is neutral. |
| ChartMill Relative Strength | 15.33 | NEGATIVE | OVV.CA has a low relative strength, it was outperformed by 84.67% 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) | DOWN | NEGATIVE | The current price of OVV.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OVV.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.22 | NEUTRAL | The RSI value for OVV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests OVV.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.62 | NEUTRAL | The Stochastics value for OVV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for OVV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for OVV.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:OVV (11/18/2025, 7:00:00 PM)
54.64
+0.96 (+1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.79%
1 Week-1.01%
2 Weeks4%
1 Month7.84%
3 Month-3.45%
6 Month11.03%
12 Month-16.27%
2 Year-9.15%
3 Year-26.97%
5 Year228.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.8
ATR(20)%3.12%
ATR Inc5.83%
Range Today2.04
ADR(20)1.62
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.33
3 months CRS22.52
6 months CRS53.62
Mansfield-0.98
10 Day High55.72
10 Day Low50.13
20 Day High55.72
20 Day Low50.13
52 Week High66.67
52 Week Low42.35
CS1 End54.52
CR1 Start58.61
Volume & EV
DER(3)0%
DER(5)0%
Volume366.14K
Volume Incr26.13%
Vol(5)477.59K
Vol(50)304.77K
OVINTIV INC / OVV.CA FAQ
What is the ChartMill technical rating of OVINTIV INC (OVV.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to OVV.CA.
What is the current trend direction of OVINTIV INC (OVV.CA) stock?
The current trend direction for OVINTIV INC (OVV.CA) is Bearish.
What is the RSI signal for OVV stock?
OVINTIV INC (OVV.CA) has an RSI value of 54.2221. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OVINTIV INC?
The MACD indicator for OVINTIV INC (OVV.CA) has a value of 0.330621, indicating a bearish trend.