OVINTIV INC (OVV.CA) Stock Technical Analysis
TSX:OVV - Toronto Stock Exchange - US69047Q1022 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to OVV. OVV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, OVV is a bad performer in the overall market: 89% of all stocks are doing better.
OVV is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 68% of 211 stocks in the same industry do better.
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.
OVV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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
43.82
66.40
2 important support areas can be observed.
- A support zone ranging from 45.53 to 45.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.26 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 46.92 to 46.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 62.44 to 63.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 65.26 to 65.74. 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
CRS11.99
Mansfield-1.7
10 Day High51.46
10 Day Low42.35
20 Day High64.16
20 Day Low42.35
52 Week High73.1
52 Week Low42.35
Performance
1 Week3.68%
2 Weeks-0.39%
1 Month-24.6%
3 Month-27.91%
6 Month-17.25%
12 Month-36.19%
2 Year-5.15%
3 Year-29.37%
5 Year433.79%
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)-0.34
RSI(14)39.47
LBB37.8
UBB58.04
TSX:OVV (4/22/2025, 7:00:00 PM)
46.44
+1.26 (+2.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.79%
1 Week3.68%
2 Weeks-0.39%
1 Month-24.6%
3 Month-27.91%
6 Month-17.25%
12 Month-36.19%
2 Year-5.15%
3 Year-29.37%
5 Year433.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.29
ATR(20)%7.45%
ATR Inc-48.88%
Range Today1.38
ADR(20)2.85
ADR(20)%6.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.99
Mansfield-1.7
10 Day High51.46
10 Day Low42.35
20 Day High64.16
20 Day Low42.35
52 Week High73.1
52 Week Low42.35
CS1 End45.92
CR1 Start46.92
Volume & EV
DER(3)-2.71%
DER(5)-3.4%
Volume136.18K
Volume Incr-48.09%
Vol(5)158.62K
Vol(50)229.24K