


Technical Sentiment Analysis for Overlay Shares Hedged Large Cap Equity ETF (OVLH). As of 2026-04-24, Overlay Shares Hedged Large Cap Equity ETF (OVLH) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 11 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for OVLH stands at 70.89, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.5, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 98.18 and the Commodity Channel Index (CCI) at 99.66 further confirm a 1.66 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, OVLH is trading above its 60-day moving average of $39.1 and above its 200-day long-term moving average of $38.88. Key price levels to watch include the immediate resistance at $40.78 and strong support at $39.04. A break above $40.78 could signal a bull continuation, while falling below $39.04 may test the next Fibonacci floor at $38.05.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 37.3 | 38.05 | 39.04 | 39.79 | 40.78 | 41.53 | 42.52 |
| Fibonacci | 38.05 | 38.72 | 39.13 | 39.79 | 40.46 | 40.87 | 41.53 |
2026-04-24
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 70.89 |
| Stochastic Oscillator | 98.18 |
| Stochastic RSI | 96.04 |
| Commodity Channel Index (CCI) | 99.66 |
| Awesome Oscillator | 1.49 |
| Momentum | 1.66 |
| MACD | 0.5 |
2026-04-24
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 40.31 | Buy |
| 10-Day | 40.03 | Buy |
| 20-Day | 39.09 | Buy |
| 60-Day | 39.1 | Buy |
| 200-Day | 38.88 | Buy |
| 250-Day | 38.23 | Buy |