OVINTIV INC (OVV)
US69047Q1022 - Common Stock
Taking everything into account, OVV scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than OVV.
OVV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OVV is lagging the market.
In the last month OVV has a been trading in the 37.54 - 47.04 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.
OVV has an average volume of 2922750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OVV is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, OVV did better than 48% 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
36.62
46.90
We found 2 important support areas.
- A support zone ranging from 37.77 to 37.79. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @36.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 41.85 to 42.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.65 to 45.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.44 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
CRS23.8
Mansfield-2.44
10 Day High42.43
10 Day Low37.54
20 Day High47.04
20 Day Low37.54
52 Week High55.95
52 Week Low36.91
Performance
1 Week-6.74%
2 Weeks-8.3%
1 Month-18.91%
3 Month-6.76%
6 Month-17.96%
12 Month-13.78%
2 Year-25.5%
3 Year12.11%
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)-0.65
RSI(14)28.57
LBB36.81
UBB44.6
OVINTIV INC
NYSE:OVV (12/23/2024, 12:21:48 PM)
38
+0.22 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.58%
1 Week-6.74%
2 Weeks-8.3%
1 Month-18.91%
3 Month-6.76%
6 Month-17.96%
12 Month-13.78%
2 Year-25.5%
3 Year12.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%3.02%
ATR Inc-17.54%
Range Today0.82
ADR(20)1.09
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.8
Mansfield-2.44
10 Day High42.43
10 Day Low37.54
20 Day High47.04
20 Day Low37.54
52 Week High55.95
52 Week Low36.91
CS1 End37.77
CR1 Start41.85
Volume & EV
DER(3)-2.84%
DER(5)-2.18%
Volume627.17K
Volume Incr45.8%
Vol(5)4.29M
Vol(50)2.92M