Check historical price trends and seasonality for Ovintiv (OVV).
Ovintiv (OVV) average YTD return over the past 10 years is +19.07%.
Over the past 10 years, the return for the specified period (Mar 15 for 30 days) is +9.52%.
7 wins 1 losses with a win rate of 87.50%.
1) Overview:
Ovintiv (OVV) exhibits a strong bullish tendency throughout the year, with a particularly pronounced uptrend in the later months. The stock generally experiences a strong upward trend from March 1 (+5.8%) through June, peaking around June 8 (+16.1%). Following this peak, the stock consolidates through the summer before resuming its ascent in October, reaching a high point around November 24 (+25.1%) and remaining elevated through December 31 (+19.0%). A notable dip occurs around February 9 (-1.4%) before the bullish trend resumes.
2) Buy-the-dip points:
A potential buying opportunity arises in early February, with a dip bottoming around February 9 (-1.4%). This pullback could be attributed to profit-taking after the small gains in January. Another potential buying opportunity could be considered in the summer months, specifically in July, after the peak in June, as the stock consolidates before the next rally.
3) Summary:
Based on historical seasonality, a strategic approach to Ovintiv (OVV) could involve accumulating shares during the February dip and potentially during the summer consolidation. Holding through the strong rallies in the fall, particularly leading up to November 24, and December 31, could maximize returns. Investors should be aware that seasonality is just one factor and should consider other market conditions and company-specific news.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-03-15 | 50.4600 | 2024-04-13 | 53.7400 | 3.2800 | 6.50 |
| 2023 | 2023-03-15 | 33.3500 | 2023-04-13 | 38.6800 | 5.3300 | 15.98 |
| 2022 | 2022-03-15 | 43.1200 | 2022-04-13 | 52.9800 | 9.8600 | 22.87 |
| 2021 | 2021-03-15 | 27.8200 | 2021-04-13 | 23.2900 | -4.5300 | -16.28 |
| 2019 | 2019-03-15 | 36.3000 | 2019-04-13 | 37.8500 | 1.5500 | 4.27 |
| 2018 | 2018-03-15 | 54.0000 | 2018-04-13 | 60.5000 | 6.5000 | 12.04 |
| 2017 | 2017-03-15 | 55.1500 | 2017-04-13 | 58.0000 | 2.8500 | 5.17 |
| 2016 | 2016-03-15 | 27.3000 | 2016-04-13 | 34.3000 | 7.0000 | 25.64 |
| Avg | 40.9375 | 44.9175 | 3.98 | 9.52 |
| Day \ Month | Jan Total -0.49% | Feb Total +0.76% | Mar Total -0.05% | Apr Total +9.77% | May Total +2.13% | Jun Total +3.01% | Jul Total +3.94% | Aug Total +3.19% | Sep Total +0.64% | Oct Total -1.01% | Nov Total +5.08% | Dec Total -0.18% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.37% | 0.00% | +0.41% | +3.35% | +1.03% | -1.39% | +2.40% | +0.86% | -1.45% | -0.01% | -0.34% | -0.13% | -0.29% |
| 2 Avg +0.14% | +1.07% | -1.60% | +0.71% | +1.32% | -0.54% | +1.56% | -0.01% | -0.91% | +0.77% | -0.68% | -0.25% | +0.23% |
| 3 Avg +0.49% | +0.30% | +1.95% | -0.46% | +0.86% | +0.32% | -0.11% | +0.31% | +0.09% | -1.02% | +2.32% | +0.64% | +0.70% |
| 4 Avg +0.32% | +1.74% | +0.38% | +1.53% | -2.02% | +0.35% | -0.40% | 0.00% | +0.28% | +0.21% | +0.16% | +1.04% | +0.63% |
| 5 Avg +0.19% | +1.28% | +0.31% | -0.78% | -0.41% | +0.24% | +1.27% | -2.06% | +0.91% | -0.37% | +1.84% | +1.23% | -1.15% |
| 6 Avg -0.29% | +0.45% | -0.51% | -2.31% | +0.27% | -0.29% | +1.76% | -0.93% | -0.14% | -0.44% | -0.32% | +0.22% | -1.28% |
| 7 Avg +0.25% | -0.35% | -0.83% | +0.65% | +0.77% | +0.46% | +0.55% | -0.21% | +0.36% | -0.38% | +1.39% | +0.68% | -0.05% |
| 8 Avg +0.11% | -0.53% | -1.02% | -3.42% | +1.14% | +1.51% | +1.28% | +0.86% | +1.22% | -0.91% | +0.19% | +0.54% | +0.43% |
| 9 Avg -0.70% | +0.32% | -0.47% | -7.45% | +1.32% | -2.20% | -0.78% | -0.17% | -0.34% | +0.50% | +0.23% | +1.22% | -0.63% |
| 10 Avg +0.21% | +0.20% | +0.28% | +3.48% | +0.20% | -1.08% | -1.54% | +1.79% | +0.71% | -0.90% | -0.99% | +0.43% | -0.04% |
| 11 Avg +0.37% | +0.53% | +0.66% | +0.95% | +0.33% | +0.95% | -0.46% | +0.76% | +0.77% | +0.02% | +0.02% | +0.03% | -0.07% |
| 12 Avg +0.25% | +0.58% | +1.20% | -0.47% | +1.11% | +0.73% | -0.02% | +0.18% | +0.61% | +0.78% | -0.41% | -1.88% | +0.59% |
| 13 Avg +0.17% | -1.11% | -0.04% | +2.02% | +1.05% | -0.40% | +0.26% | -0.24% | -0.61% | +0.06% | +1.13% | +0.07% | -0.13% |
| 14 Avg -0.27% | +0.67% | +0.86% | -0.79% | -0.18% | +1.15% | -2.00% | -0.27% | -0.22% | +0.56% | -1.05% | -0.26% | -1.68% |
| 15 Avg -0.34% | -1.11% | +0.20% | -0.88% | -2.19% | +0.52% | -0.24% | -0.20% | -0.74% | +0.14% | -0.13% | +0.95% | -0.43% |
| 16 Avg -0.12% | -0.48% | +0.44% | +0.86% | -0.75% | -0.26% | -0.29% | -1.38% | -0.88% | +2.80% | -0.60% | -0.30% | -0.65% |
| 17 Avg +0.13% | -0.20% | +0.16% | +0.38% | +1.31% | +1.45% | -0.78% | -0.21% | +0.19% | -1.10% | -0.10% | -0.04% | +0.46% |
| 18 Avg -0.09% | -1.01% | -2.21% | -2.03% | +0.37% | +1.12% | +0.84% | +0.61% | +0.69% | +0.72% | -0.11% | +0.83% | -0.90% |
| 19 Avg +0.12% | -0.56% | -0.27% | +1.91% | +0.08% | +0.23% | -0.33% | +0.72% | -0.06% | -0.06% | +0.33% | -0.85% | +0.32% |
| 20 Avg -0.19% | +0.63% | -0.02% | -0.41% | -1.22% | +0.78% | +0.03% | +0.51% | -0.36% | -1.11% | -0.25% | -0.75% | -0.10% |
| 21 Avg +0.21% | -0.07% | -0.94% | +1.23% | -0.33% | +0.66% | +0.80% | +1.69% | -0.49% | -0.98% | -0.85% | +1.33% | +0.51% |
| 22 Avg +0.15% | +0.45% | +0.59% | -1.41% | +2.02% | -0.76% | -1.04% | -0.01% | +0.48% | +0.38% | +1.20% | +0.49% | -0.55% |
| 23 Avg +0.20% | +0.53% | +0.03% | -0.63% | +1.82% | -0.16% | -0.82% | -0.06% | +1.02% | -1.11% | -0.69% | +0.84% | +1.58% |
| 24 Avg +0.26% | +0.07% | +1.44% | +2.23% | -0.36% | -0.44% | -0.89% | +0.25% | +0.94% | +0.37% | -1.25% | +1.13% | -0.35% |
| 25 Avg -0.06% | -0.60% | -0.79% | +0.71% | -1.12% | -0.51% | +0.40% | +0.62% | +0.60% | -0.18% | +0.47% | -0.27% | 0.00% |
| 26 Avg +0.01% | -0.14% | -0.33% | +0.51% | +0.15% | +1.65% | -0.07% | -0.19% | -0.61% | -0.91% | -0.88% | -1.28% | +2.22% |
| 27 Avg -0.08% | -1.78% | -1.14% | -1.05% | -0.19% | +0.58% | +0.32% | -0.05% | +1.04% | +1.59% | -0.15% | -0.61% | +0.52% |
| 28 Avg +0.30% | +1.79% | +2.01% | -0.75% | +1.51% | -0.18% | +0.86% | +0.21% | +0.02% | +1.55% | -1.81% | -0.47% | -1.12% |
| 29 Avg +0.27% | -1.41% | - | +1.11% | +1.51% | -0.77% | +0.81% | +0.12% | +1.20% | -0.47% | +0.47% | +0.17% | +0.18% |
| 30 Avg -0.17% | -0.67% | - | -0.51% | +0.37% | -1.15% | -0.38% | +0.30% | -0.95% | +0.15% | -0.05% | +0.34% | +0.73% |
| 31 Avg +0.03% | -1.06% | - | +1.66% | - | -0.43% | - | +0.16% | -0.17% | - | -0.11% | - | +0.15% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
