Technical Analysis for OVV - Ovintiv Inc. (DE)

Grade Last Price % Change Price Change
grade B 17.35 -2.75% -0.49
OVV closed down 2.75 percent on Friday, January 15, 2021, on 68 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical OVV trend table...

Date Alert Name Type % Chg
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
NR7 Range Contraction -2.75%
Inside Day Range Contraction -2.75%
Wide Bands Range Expansion -2.75%
Overbought Stochastic Strength -2.75%
Outside Day Range Expansion -0.23%
Wide Bands Range Expansion -0.23%
Older End-of-Day Signals for OVV ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
10 DMA Support 1 day ago
Down 3% 1 day ago
Down 2 % 1 day ago
Down 1% 1 day ago
Fell Below Previous Day's Low 1 day ago
View Earlier Intraday Alerts

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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 Midland Bakken Anadarko Anadarko Basin Encana Ntn Structural Basin Duvernay Formation Uinta Basin Western Canadian Sedimentary Basin

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 20.25
52 Week Low 2.1
Average Volume 4,237,457
200-Day Moving Average 10.09
50-Day Moving Average 14.01
20-Day Moving Average 15.77
10-Day Moving Average 17.11
Average True Range 0.83
ADX 42.5
+DI 31.28
-DI 15.67
Chandelier Exit (Long, 3 ATRs ) 15.51
Chandelier Exit (Short, 3 ATRs ) 16.24
Upper Bollinger Band 18.71
Lower Bollinger Band 12.82
Percent B (%b) 0.77
BandWidth 37.40
MACD Line 1.07
MACD Signal Line 0.96
MACD Histogram 0.1173
Fundamentals Value
Market Cap 4.51 Billion
Num Shares 260 Million
EPS 0.75
Price-to-Earnings (P/E) Ratio 23.02
Price-to-Sales 0.58
Price-to-Book 0.82
Dividend 0.38
Dividend Yield 2.19%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.21
Resistance 3 (R3) 18.21 17.93 18.07
Resistance 2 (R2) 17.93 17.71 17.93 18.02
Resistance 1 (R1) 17.64 17.57 17.50 17.64 17.97
Pivot Point 17.35 17.35 17.28 17.35 17.35
Support 1 (S1) 17.06 17.13 16.92 17.06 16.73
Support 2 (S2) 16.78 17.00 16.78 16.68
Support 3 (S3) 16.49 16.78 16.63
Support 4 (S4) 16.49