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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Ovintiv Inc. (DE) (NYSE:OVV)
Crossroads (-60) - OVV is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OVV?
MarketClub looks at technical strength and momentum to determine if the timing is right for OVV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OVV
The long-term trend has been UP since Mar 1st, 2024 at 49.53
The intermediate-term trend has been DOWN since May 1st, 2024 at 51.16
The short-term trend has been DOWN since May 8th, 2024 at 50.58
Smart Scan Analysis for OVV
Based on our trend formula, OVV is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.820 | 51.760 | 49.820 | 50.925 | -1.585 |
| Prev. Close | Volume | Bid | Ask | Time |
| 50.910 | 5502140 | 2024-05-08 15:59:41 |
| 52wk High | 55.95 | 52wk High Date | 2024-04-10 |
| 52wk Low | 32.07 | 52wk Low Date | 2023-05-16 |
| Average Volume | 2,405,007 | Shares Outstanding | 269,515 |
| Assets | 199,870,000M | Liabilities | 961,700,000M |
| P/E Ratio | 6.6468 |