OCULUS INC (OVT.CA) Stock Technical Analysis
TSX-V:OVT - TSX Venture Exchange - US67575Y1091 - Common Stock - Currency: CAD
Taking everything into account, OVT scores 7 out of 10 in our technical rating. In the last year, OVT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month OVT has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading near the lows of this range.
Warning: OVT has an average volume of 29266 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that OVT is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by OVT over the past year are nicely spread over this period.
OVT is one of the better performing stocks in the IT Services industry, it outperforms 85% of 15 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
OVT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OVT is lagging the market.
Considerably lower volume is observed in the last couple of days.
OVT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OVT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.06
0.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS84.17
Mansfield0.71
10 Day High0.09
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.12
52 Week Low0.04
Performance
1 Week0%
2 Weeks0%
1 Month-11.76%
3 Month7.14%
6 Month25%
12 Month50%
2 Year-48.28%
3 Year-88.28%
5 Year-61.54%
10 Year-46.43%
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
RSI(14)48.82
LBB0.07
UBB0.09
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 |
|---|---|---|---|
| 0.09 | 0.06 | 0.03 (31.82%) | 3.14% |
| An entry @0.09. This is a Buy Stop order right above the 10 day moving average. | An exit @0.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 31.82%. | When investing 3.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX-V:OVT (2/20/2025, 7:00:00 PM)
0.075
+0 (+7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg7.14%
1 Week0%
2 Weeks0%
1 Month-11.76%
3 Month7.14%
6 Month25%
12 Month50%
2 Year-48.28%
3 Year-88.28%
5 Year-61.54%
10 Year-46.43%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%8.67%
ATR Inc-26.32%
Range Today0
ADR(20)0
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.17
Mansfield0.71
10 Day High0.09
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.12
52 Week Low0.04
CS1 End0.07
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)12%
Volume1.00K
Volume Incr-45.24%
Vol(5)14.46K
Vol(50)29.27K