Technical Analysis for OVV - Ovintiv Inc. (DE)

Grade Last Price % Change Price Change
A 52.18 0.38% 0.20
OVV closed up 0.38 percent on Monday, April 22, 2024, on 60 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 7
*** please verify all earnings dates ***
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Strong but Oversold Other 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
New Uptrend Bullish 0.38%
Strong but Oversold Other 0.38%
Oversold Stochastic Weakness 0.38%
Stochastic Reached Oversold Weakness 1.26%
Strong but Oversold Other 1.26%
Down 3 Days in a Row Weakness 1.26%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 13 hours ago
Outside Day about 13 hours ago
Up 1% about 13 hours ago
60 Minute Opening Range Breakout about 14 hours ago
Fell Below Previous Day's Low about 17 hours ago

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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 holds interests in various assets in Anadarko basin, located in west-central Oklahoma; the Permian basin located in the prolific, Midland Basin in Texas; and the Montney basin located in western Canada. It also holds positions in various plays, including the Bakken, Duvernay, Eagle Ford, and Uinta basins. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was founded in 1971 and is based in Denver, Colorado.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Natural Gas Natural Gas Liquids S&P/Tsx 60 Index Permian Basin Bakken Anadarko Basin Western Canadian Sedimentary Basin Structural Basin 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 55.95
52 Week Low 31.2108
Average Volume 3,388,830
200-Day Moving Average 45.77
50-Day Moving Average 49.84
20-Day Moving Average 53.10
10-Day Moving Average 53.20
Average True Range 1.21
RSI (14) 51.22
ADX 36.26
+DI 19.52
-DI 18.57
Chandelier Exit (Long, 3 ATRs) 52.33
Chandelier Exit (Short, 3 ATRs) 54.47
Upper Bollinger Bands 56.16
Lower Bollinger Band 50.04
Percent B (%b) 0.35
BandWidth 11.52
MACD Line 0.61
MACD Signal Line 1.14
MACD Histogram -0.5311
Fundamentals Value
Market Cap 14.18 Billion
Num Shares 272 Million
EPS 9.97
Price-to-Earnings (P/E) Ratio 5.23
Price-to-Sales 1.03
Price-to-Book 1.18
Dividend 1.10
Dividend Yield 2.11%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 54.30
Resistance 3 (R3) 54.21 53.42 53.94
Resistance 2 (R2) 53.42 52.88 53.46 53.82
Resistance 1 (R1) 52.80 52.55 53.11 52.89 53.71
Pivot Point 52.01 52.01 52.17 52.05 52.01
Support 1 (S1) 51.39 51.47 51.70 51.48 50.65
Support 2 (S2) 50.60 51.14 50.64 50.54
Support 3 (S3) 49.98 50.60 50.42
Support 4 (S4) 50.07