Ovintiv Stock Forecast - Price Action Indicator
| OVV Stock | USD 42.77 1.41 3.41% |
Ovintiv Stock outlook is based on your current time horizon.
The value of relative strength index of Ovintiv's stock price is slightly above 62. This indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Ovintiv, making its price go up or down. Momentum 62
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.70) | EPS Estimate Next Quarter 1.0906 | EPS Estimate Current Year 4.4907 | EPS Estimate Next Year 4.4933 | Wall Street Target Price 53.3158 |
Using Ovintiv hype-based prediction, you can estimate the value of Ovintiv from the perspective of Ovintiv response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Ovintiv using Ovintiv's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Ovintiv using crowd psychology based on the activity and movement of Ovintiv's stock price.
Ovintiv Short Interest
An investor who is long Ovintiv may also wish to track short interest. As short interest increases, investors should be becoming more worried about Ovintiv and may potentially protect profits, hedge Ovintiv with its derivative instruments, or be ready for some potential downside.
200 Day MA 38.8298 | Short Percent 0.0661 | Short Ratio 4.24 | Shares Short Prior Month 10.4 M | 50 Day MA 39.5162 |
Ovintiv Relative Strength Index
Ovintiv Hype to Price Pattern
Investor biases related to Ovintiv's public news can be used to forecast risks associated with an investment in Ovintiv. The trend in average sentiment can be used to explain how an investor holding Ovintiv can time the market purely based on public headlines and social activities around Ovintiv. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Ovintiv's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Ovintiv.
Ovintiv Implied Volatility | 0.45 |
Ovintiv's implied volatility exposes the market's sentiment of Ovintiv stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ovintiv's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ovintiv stock will not fluctuate a lot when Ovintiv's options are near their expiration.
Ovintiv after-hype prediction price | USD 40.92 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Ovintiv to cross-verify your projections. Prediction based on Rule 16 of the current Ovintiv contract
Based on the Rule 16, the options market is currently suggesting that Ovintiv will have an average daily up or down price movement of about 0.0281% per day over the life of the 2026-04-17 option contract. With Ovintiv trading at USD 42.77, that is roughly USD 0.012 . If you think that the market is fully incorporating Ovintiv's daily price movement you should consider acquiring Ovintiv options at the current volatility level of 0.45%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Ovintiv Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Ovintiv's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Ovintiv's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Ovintiv stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Ovintiv's open interest, investors have to compare it to Ovintiv's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Ovintiv is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Ovintiv. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Ovintiv Additional Predictive Modules
Most predictive techniques to examine Ovintiv price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ovintiv using various technical indicators. When you analyze Ovintiv charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Check Ovintiv Volatility | Backtest Ovintiv | Information Ratio |
Ovintiv Trading Date Momentum
| On January 27 2026 Ovintiv was traded for 42.77 at the closing time. Highest Ovintiv's price during the trading hours was 42.85 and the lowest price during the day was 41.36 . The net volume was 3.9 M. The overall trading history on the 27th of January did not cause price change. The trading delta at closing time to current price is 3.30% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Ovintiv to competition |
Other Forecasting Options for Ovintiv
For every potential investor in Ovintiv, whether a beginner or expert, Ovintiv's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ovintiv Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ovintiv. Basic forecasting techniques help filter out the noise by identifying Ovintiv's price trends.Ovintiv Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ovintiv stock to make a market-neutral strategy. Peer analysis of Ovintiv could also be used in its relative valuation, which is a method of valuing Ovintiv by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ovintiv Market Strength Events
Market strength indicators help investors to evaluate how Ovintiv stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ovintiv shares will generate the highest return on investment. By undertsting and applying Ovintiv stock market strength indicators, traders can identify Ovintiv entry and exit signals to maximize returns.
Ovintiv Risk Indicators
The analysis of Ovintiv's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ovintiv's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ovintiv stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.62 | |||
| Semi Deviation | 1.83 | |||
| Standard Deviation | 2.08 | |||
| Variance | 4.33 | |||
| Downside Variance | 4.21 | |||
| Semi Variance | 3.35 | |||
| Expected Short fall | (1.80) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Ovintiv
The number of cover stories for Ovintiv depends on current market conditions and Ovintiv's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ovintiv is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Ovintiv's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Ovintiv Short Properties
Ovintiv's future price predictability will typically decrease when Ovintiv's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ovintiv often depends not only on the future outlook of the potential Ovintiv's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ovintiv's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 267.4 M | |
| Cash And Short Term Investments | 42 M |
Additional Tools for Ovintiv Stock Analysis
When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.