Is Ovintiv, Inc. technically bullish or bearish?

As of 3 October 2025, the technical trend for Ovintiv, Inc. has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD is bullish, while the monthly MACD is bearish. The Bollinger Bands and KST both indicate bearish trends on both weekly and monthly time frames. Daily moving averages show a mildly bullish signal, but the Dow Theory suggests a mildly bullish stance on the monthly level.
In terms of performance, Ovintiv has underperformed the S&P 500 across multiple periods, with a year-to-date return of -1.06% compared to the S&P 500's 14.18%, and a one-year return of -7.95% versus 17.82% for the index.