OVINTIV INC (OVV) Stock Technical Analysis
NYSE:OVV • US69047Q1022
Taking everything into account, OVV scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OVV is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- OVV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OVV is lagging the market slightly.
- In the last month OVV has a been trading in the 41.65 - 51.60 range, which is quite wide. It is currently trading near the high of this range.
- OVV has an average volume of 4494590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that OVV is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- OVV is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 58% of 206 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
OVV has an excellent technical rating, but the quality of the setup is only medium 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
35.31
4 important support areas can be observed.
- A support zone ranging from 48.74 to 49.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.21 from a trend line in the weekly time frame.
- Support @36.64 from a horizontal line in the daily time frame.
- Support @35.67 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 50.59 to 50.84. 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 | UP | POSITIVE | The long term trend for OVV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OVV is up. |
| ChartMill Relative Strength | 74.86 | POSITIVE | OVV has a high relative strength, it outperformed 74.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OVV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OVV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OVV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.91 | NEUTRAL | The RSI value for OVV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests OVV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.85 | OVERBOUGHT | The high Stochastics value suggests OVV may be overbought. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for OVV suggests some volalility. |
| Average Directional Index/ADX (14) | 38.01 | POSITIVE | The high ADX value value for OVV suggests a strong trend. |
NYSE:OVV (2/26/2026, 3:41:09 PM)
49.42
+0.09 (+0.18%)
OVINTIV INC / OVV FAQ
What is the ChartMill technical rating of OVINTIV INC (OVV) stock?
ChartMill assigns a technical rating of 8 / 10 to OVV.
Can you provide the trend direction for OVINTIV INC?
The current trend direction for OVINTIV INC (OVV) is Bullish.
Can you provide the RSI signal for OVINTIV INC?
OVINTIV INC (OVV) has an RSI value of 63.9126. 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) is positive.
What is the buy/sell signal for OVINTIV INC (OVV) stock?
The buy/sell signal for OVINTIV INC (OVV) is buy as both the short term and long term trends are positive.