OVINTIV INC (OVV.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:OVV - US69047Q1022 - Common Stock
53.81 CAD
+0.19 (+0.35%)
Taking everything into account, OVV scores 2 out of 10 in our technical rating. 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: 84% of all stocks are doing better.
OVV is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 65% are performing better than OVV.
In the last month OVV has a been trading in the 50.93 - 57.64 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
Volume is considerably higher in the last couple of days.
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
60.77
We found 4 important support areas.
- A support zone ranging from 52.55 to 53.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.64 from a trend line in the daily time frame.
- A support zone ranging from 50.38 to 50.39. 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 54.43 to 54.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @57.25 from a trend line in the weekly time frame.
- A resistance zone ranging from 58.40 to 59.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
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 | 16.11 | NEGATIVE | OVV.CA has a low relative strength, it was outperformed by 83.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OVV.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OVV.CA is below the rising 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) | 49.79 | NEUTRAL | The RSI value for OVV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests OVV.CA has a positive trend. |
| Stochastics (14,3) | 36.04 | NEUTRAL | The Stochastics value for OVV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for OVV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.48 | 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 (1/9/2026, 7:00:00 PM)
53.81
+0.19 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.35%
1 Week-3.22%
2 Weeks3.38%
1 Month-6.22%
3 Month4.1%
6 Month-6.19%
12 Month-14.51%
2 Year-5.65%
3 Year-17.73%
5 Year167.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.75
ATR(20)%3.36%
ATR Inc34.24%
Range Today0.95
ADR(20)1.64
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.11
3 months CRS52.28
6 months CRS15.85
Mansfield-1.34
10 Day High56.35
10 Day Low50.93
20 Day High57.64
20 Day Low50.93
52 Week High66.67
52 Week Low42.35
CS1 End53.37
CR1 Start54.43
Volume & EV
DER(3)-2.98%
DER(5)-6.3%
Volume252.58K
Volume Incr110.24%
Vol(5)498.16K
Vol(50)359.71K
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.
Can you provide the trend direction for OVINTIV INC?
The current trend direction for OVINTIV INC (OVV.CA) is Bearish.
Can you provide the RSI signal for OVINTIV INC?
OVINTIV INC (OVV.CA) has an RSI value of 49.7867. This indicates that the stock is currently neutral.
What is the short term momentum for OVV stock?
The short term momentum for OVINTIV INC (OVV.CA) is neutral.