Ovintiv Stock Overlap Studies Bollinger Bands

OVV Stock  USD 46.59  0.85  1.86%   
Ovintiv overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Ovintiv. Ovintiv value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. Ovintiv overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ovintiv middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ovintiv. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Ovintiv Technical Analysis Modules

Most technical analysis of Ovintiv help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ovintiv from various momentum indicators to cycle 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.

About Ovintiv Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ovintiv. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ovintiv based on widely used predictive technical indicators. In general, we focus on analyzing Ovintiv Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ovintiv's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Ovintiv's intrinsic value. In addition to deriving basic predictive indicators for Ovintiv, we also check how macroeconomic factors affect Ovintiv price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01390.01860.02690.0343
Price To Sales Ratio1.011.031.071.2
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ovintiv's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
44.1746.4648.75
Details
Intrinsic
Valuation
LowRealHigh
41.9351.4353.72
Details
Naive
Forecast
LowNextHigh
45.5947.8850.17
Details
21 Analysts
Consensus
LowTargetHigh
53.4258.7065.16
Details

Align your values with your investing style

In addition to having Ovintiv in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares

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.