OVINTIV INC (OVV.CA) Stock Technical Analysis
Canada - TSX:OVV - US69047Q1022 - Common Stock
51.14 CAD
+0.47 (+0.93%)
Overall OVV gets a technical rating of 0 out of 10. OVV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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: 88% of all stocks are doing better.
OVV is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 74% are performing better than OVV.
OVV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
OVV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OVV is lagging the market.
OVV has a poor technical rating and the quality of the setup is also not perfect 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
48.67
66.40
When analyzing the support we can see 2 important areas.
- Support @50.58 from a trend line in the daily time frame.
- Support @49.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.14 to 59.57. 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 | DOWN | NEGATIVE | The long term trend for OVV.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OVV.CA is down. |
| ChartMill Relative Strength | 12.97 | NEGATIVE | OVV.CA has a low relative strength, it was outperformed by 87.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OVV.CA is below a declining 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) | 36 | NEUTRAL | The RSI value for OVV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests OVV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.81 | OVERSOLD | The low Stochastics value suggests OVV.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for OVV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.21 | NEUTRAL | The ADX value for OVV.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:OVV (10/22/2025, 7:00:00 PM)
51.14
+0.47 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.93%
1 Week-2.29%
2 Weeks-7.62%
1 Month-11.66%
3 Month-9.9%
6 Month6.41%
12 Month-8.87%
2 Year-23.19%
3 Year-25.87%
5 Year316.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%3.27%
ATR Inc-30.13%
Range Today1.33
ADR(20)1.52
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
CRS12.97
3 months CRS12.92
6 months CRS35.09
Mansfield-1.8
10 Day High56.91
10 Day Low50.25
20 Day High61.5
20 Day Low50.25
52 Week High66.67
52 Week Low42.35
CS1 End50.58
CR1 Start59.14
Volume & EV
DER(3)3.7%
DER(5)2.84%
Volume149.72K
Volume Incr-33.95%
Vol(5)144.32K
Vol(50)174.82K