Technical Analysis for OVV - Ovintiv Inc

Grade Last Price % Change Price Change
D 67.770 0.94% 0.630
OVV closed up 0.94 percent on Friday, May 17, 2024, on 69 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness 0.94%
Slingshot Bearish Bearish Swing Setup -0.37%
Lower Bollinger Band Walk Weakness -0.37%
Oversold Stochastic Weakness -0.37%
Doji - Bullish? Reversal -0.29%
Lower Bollinger Band Walk Weakness -0.29%
Down 3 Days in a Row Weakness -0.29%
Down 4 Days in a Row Weakness -0.29%
Down 5 Days in a Row Weakness -0.29%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Eagle Ford in south Texas, Bakken in North Dakota, and Uinta in central Utah; and Duvernay in west central Alberta, Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke in offshore Nova Scotia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. is based in Denver, Colorado.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Oil Natural Gas Marketing S&P/Tsx 60 Index Liquids Western Canadian Sedimentary Basin Natural Gas Liquids Nova Scotia Offshore Utah North Dakota Encana Wheat Frasnian Stage Geological History Of Earth Uinta Duvernay Formation

Is OVV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 76.63
52 Week Low 43.9988
Average Volume 117,265
200-Day Moving Average 63.930
50-Day Moving Average 70.806
20-Day Moving Average 70.280
10-Day Moving Average 69.038
Average True Range 1.481
RSI (14) 37.50
ADX 29.44
+DI 14.164
-DI 29.479
Chandelier Exit (Long, 3 ATRs) 68.776
Chandelier Exit (Short, 3 ATRs) 71.514
Upper Bollinger Bands 74.038
Lower Bollinger Band 66.522
Percent B (%b) 0.17
BandWidth 10.694
MACD Line -0.923
MACD Signal Line -0.470
MACD Histogram -0.4532
Fundamentals Value
Market Cap 17.61 Billion
Num Shares 260 Million
EPS 3.40
Price-to-Earnings (P/E) Ratio 19.96
Price-to-Sales 0.58
Price-to-Book 0.82
Dividend 0.49
Dividend Yield 0.72%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 69.540
Resistance 3 (R3) 69.503 68.877 69.245
Resistance 2 (R2) 68.877 68.426 68.895 69.147
Resistance 1 (R1) 68.323 68.147 68.600 68.360 69.048
Pivot Point 67.697 67.697 67.835 67.715 67.697
Support 1 (S1) 67.143 67.246 67.420 67.180 66.492
Support 2 (S2) 66.517 66.967 66.535 66.393
Support 3 (S3) 65.963 66.517 66.295
Support 4 (S4) 66.000