OVINTIV INC (OVV.CA) Stock Technical Analysis
TSX:OVV - Toronto Stock Exchange - US69047Q1022 - Common Stock - Currency: CAD
Overall OVV gets a technical rating of 1 out of 10. OVV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
78% of all other stocks performed better in the past year than OVV.
OVV is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month OVV has a been trading in the 52.79 - 65.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
OVV is part of the Oil, Gas & Consumable Fuels industry. There are 219 other stocks in this industry, OVV did better than 47% of them.
The technical rating of OVV is bad and it also does not present a quality setup 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
51.34
67.52
We found 2 important support areas.
- A support zone ranging from 54.02 to 54.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.86 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 60.56 to 62.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.66 to 65.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.85 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.67
Mansfield-1.4
10 Day High63.62
10 Day Low52.79
20 Day High65.73
20 Day Low52.79
52 Week High76.63
52 Week Low49.74
Performance
1 Week-11.79%
2 Weeks-10.09%
1 Month-8.51%
3 Month-4.82%
6 Month1.45%
12 Month-16.93%
2 Year13.81%
3 Year-18.01%
5 Year1336.53%
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)-0.88
RSI(14)36.22
LBB53.05
UBB67.02
TSX:OVV (3/7/2025, 7:00:00 PM)
55.45
+1.08 (+1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.99%
1 Week-11.79%
2 Weeks-10.09%
1 Month-8.51%
3 Month-4.82%
6 Month1.45%
12 Month-16.93%
2 Year13.81%
3 Year-18.01%
5 Year1336.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%4.39%
ATR Inc-21.49%
Range Today1.77
ADR(20)2.26
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.67
Mansfield-1.4
10 Day High63.62
10 Day Low52.79
20 Day High65.73
20 Day Low52.79
52 Week High76.63
52 Week Low49.74
CS1 End54.19
CR1 Start60.56
Volume & EV
DER(3)-2.84%
DER(5)-4.33%
Volume177.51K
Volume Incr65.05%
Vol(5)256.44K
Vol(50)154.27K