Taking everything into account, OVL scores 7 out of 10 in our technical rating. Although OVL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
OVL 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
38.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 50.43 to 52.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.48 from a horizontal line in the daily time frame.
- Support @39.18 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 53.63 to 54.07. This zone is formed by a combination of multiple trend lines and important moving averages 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 OVL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OVL is up. |
| ChartMill Relative Strength | 65.78 | NEUTRAL | OVL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OVL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OVL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OVL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.49 | NEUTRAL | The RSI value for OVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OVL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.83 | OVERBOUGHT | The high Stochastics value suggests OVL may be overbought. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for OVL suggests low volalility. |
| Average Directional Index/ADX (14) | 14.32 | NEGATIVE | The low ADX value for OVL suggests a weak or negative trend. |
NYSEARCA:OVL (12/12/2025, 8:04:00 PM)
53.45
-0.62 (-1.14%)
OVERLAY SHARES LARGE CAP EQ / OVL FAQ
What is the technical rating for OVL stock?
ChartMill assigns a technical rating of 7 / 10 to OVL.
What is the current trend direction of OVERLAY SHARES LARGE CAP EQ (OVL) stock?
The current trend direction for OVERLAY SHARES LARGE CAP EQ (OVL) is Bullish.
What is the RSI signal for OVL stock?
OVERLAY SHARES LARGE CAP EQ (OVL) has an RSI value of 54.4865. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for OVERLAY SHARES LARGE CAP EQ?
The buy/sell signal for OVERLAY SHARES LARGE CAP EQ (OVL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for OVL stock?
OVERLAY SHARES LARGE CAP EQ (OVL) has a support level at 52.79 and a resistance level at 53.63. Check the full technical report for our detailed analysis of OVL support and resistance levels.