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Stock Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

Ovintiv Inc. (DE) (NYSE:OVV)

Countertrend Down (-85) - OVV is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

Open High Low OVV Price Change
44.20 45.10 43.86 44.20 -0.14
Entry Signal

MarketClub’s Trade Triangles for OVV

long term down The long-term trend has been DOWN since Nov 16th, 2023 at 43.11

intermediate term down The intermediate-term trend has been DOWN since Oct 30th, 2023 at 47.07

short term up The short-term trend has been UP since Nov 30th, 2023 at 44.90

Smart Scan Analysis for OVV

Based on our trend formula, OVV is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for OVV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.20 45.10 43.86 44.20 -0.14
Prev. Close Volume Bid Ask Time
44.20 2616691 2023-12-01 15:59:59
52wk High57.1352wk High Date2022-12-01
52wk Low32.0752wk Low Date2023-05-16
Average Volume3,052,418Shares Outstanding272,902
P/E Ratio4.4252
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