OVINTIV INC (OVV)
US69047Q1022 - Common Stock
Taking everything into account, OVV scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, OVV has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that OVV is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by OVV over the past year are nicely spread over this period.
OVV is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 87% of 214 stocks in the same industry.
OVV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OVV is performing more or less in line with the market.
OVV has an average volume of 3317600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OVV has a been trading in the 51.16 - 55.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
OVV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 55.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.75, a Stop Loss order could be placed below this zone.
More info and screens
40.42
56.13
3 important support areas can be observed.
- A support zone ranging from 50.22 to 52.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.03 from a trend line in the weekly time frame.
- Support @40.83 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 55.15 to 55.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.39
Mansfield0.83
10 Day High54.23
10 Day Low51.16
20 Day High55.95
20 Day Low51.16
52 Week High55.95
52 Week Low32.07
Performance
1 Week2.46%
2 Weeks-0.89%
1 Month2.62%
3 Month24.27%
6 Month11.42%
12 Month47.62%
2 Year4.04%
3 Year122.57%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)58.13
LBB50.59
UBB55.7
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 55.58 | 51.15 | 4.43 (7.97%) | 12.55% |
| An entry @55.58. This is a Buy Stop order right above the resistance zone. | An exit @51.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.43 points, which is 7.97%. | For a 1.00% total portfolio risk, you can invest 12.55% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OVINTIV INC
NYSE:OVV (4/26/2024, 4:13:51 PM)
After market: 53.26 0 (0%)53.26
+0.12 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.23%
1 Week2.46%
2 Weeks-0.89%
1 Month2.62%
3 Month24.27%
6 Month11.42%
12 Month47.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.32
ATR(20)%2.26%
ATR Inc
Range Today0.76
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.23
10 Day Low51.16
20 Day High55.95
20 Day Low51.16
52 Week High55.95
52 Week Low32.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.14M
Volume Incr-41.54%
Vol(5)1.70M
Vol(50)3.32M