OVINTIV INC (OVV) Technical Analysis
NYSE:OVV • US69047Q1022
Current stock price
OVV Technical Rating and Analysis
Overall OVV gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month OVV has a been trading in the 51.03 - 62.60 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that OVV is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, OVV also shows a nice and consistent pattern of rising prices.
- OVV is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 72% of 209 stocks in the same industry.
- 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.
- OVV has an average volume of 4824760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Considerably lower volume is observed in the last couple of days.
OVV Weekly and Daily overview Charts
OVV Setup Rating and Analysis
Although OVV has an excellent technical rating, the quality of the presented setup is not ideal 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 Support and Resistance Analysis
35.61
When analyzing the support we can see 4 important areas.
- A support zone ranging from 52.42 to 53.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.16 from a trend line in the weekly time frame.
- Support @38.27 from a trend line in the daily time frame.
- Support @35.97 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @58.70 from a trend line in the daily time frame.
- Resistance @60.74 from a horizontal line in the daily time frame.
OVV 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 is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OVV is down. |
| ChartMill Relative Strength | 87.71 | POSITIVE | OVV has a high relative strength, it outperformed 87.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OVV is below a declining 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) | 42.14 | NEUTRAL | The RSI value for OVV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests OVV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.01 | OVERSOLD | The low Stochastics value suggests OVV may be oversold. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for OVV suggests some volalility. |
| Average Directional Index/ADX (14) | 24.64 | NEUTRAL | The ADX value for OVV suggests a possible start of a new trend. |
OVV Chart- and CandleStick Pattern Analysis
OVV Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:OVV (4/21/2026, 11:39:52 AM)
53.93
+0.48 (+0.9%)
OVINTIV INC / OVV TA 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.
What is the RSI signal for OVINTIV INC (OVV) stock?
OVINTIV INC (OVV) has an RSI value of 42.1443. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OVINTIV INC?
The MACD indicator for OVINTIV INC (OVV) has a value of -0.939036, indicating a bearish trend.
Can you provide the short term momentum for OVINTIV INC?
The short term momentum for OVINTIV INC (OVV) is negative.