Homepage Active Options Active Stocks

Stock analysis Oil & Natural Gas Corporation Limited ONGC

More indepth analysis on MunafaSutra.com

Moving Averages for Oil & Natural Gas Corporation Limited

  • 5Day Average: 275.62
  • 12Day Average: 272.85
  • 20Day Average: 269.44
  • 50Day Average: 269.99
  • 100Day Average: 242.46
  • 150Day Average: 224.33
  • 200Day Average: 211.47

ONGC Indicators & signals

Indicator MACD (12,26,9)

272.99, 270.2, 2.1
Indicator MACD is in positive zone

Indicator ADX (14)

21.79, 22.74, 14.6
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ONGC Oil & Natural Gas Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 275.25 274.10 to 280.80 0.4% 1.06 times
18 Thu Apr 2024 274.15 273.35 to 287.70 -3.18% 1.11 times
16 Tue Apr 2024 283.15 275.25 to 292.55 1.18% 2.57 times
15 Mon Apr 2024 279.85 267.10 to 282.95 5.33% 2.44 times
12 Fri Apr 2024 265.70 265.00 to 272.50 -2.32% 0.71 times
10 Wed Apr 2024 272.00 269.15 to 273.20 1.13% 0.36 times
09 Tue Apr 2024 268.95 268.00 to 272.65 -0.54% 0.43 times
08 Mon Apr 2024 270.40 266.60 to 272.00 0.91% 0.42 times
05 Fri Apr 2024 267.95 266.50 to 271.90 -0.39% 0.42 times
04 Thu Apr 2024 269.00 265.35 to 278.65 -2.31% 0.8 times
03 Wed Apr 2024 275.35 273.85 to 279.00 1.05% 0.73 times
02 Tue Apr 2024 272.50 269.45 to 274.05 0.96% 0.47 times

Technical analysis forecast of Oil & Natural Gas Corporation Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Oil & Natural Gas Corporation Limited ONGC at this time. Stock is rising and might rise more.

It appears as if Oil & Natural Gas Corporation Limited ONGC gave a large move recently.

Stock of Oil & Natural Gas Corporation Limited (ONGC) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Oil & Natural Gas Corporation Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 277.3 as stoploss in an intra day sell trade for a target of 271.31. However, stock will show a bullish move above 277.3.

More indepth analysis on MunafaSutra.com