A comprehensive analysis of the OECD's warning regarding the systemic risks posed...
Technicals for Oil and Natural Gas Corporation Limited
By MusingTheNews
2025-07-16 20:48
Overall Technical outlook
Price Summary
Oil and Natural Gas Corporation Limited's stock started trading at 244.48 on 2025-07-15, climbed to 245.37, fell to 242.7, and closed -0.33% down at 243.67, with 7840479 shares traded. The highest price the stock achieved in the past 52 weeks is 341.75, while the lowest price it saw is 219.84. The anticipated price is forecasted to be between 205.0 and 366.0, with an average price expectation of 284.06668, based on input from 30 analysts.
Technicals
Support and Resistance: The price of 243.67 is supported at 239.9 and capped by resistance at 248.68. These levels mark key points for Oil and Natural Gas Corporation Limited where the price could find stability, with 239.9 as a floor and 248.68 as a ceiling. Support/Resistance for ONGC
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Oil and Natural Gas Corporation Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Oil and Natural Gas Corporation Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for ONGC. Parabolic Stop and Reverse chart for Oil and Natural Gas Corporation Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Oil and Natural Gas Corporation Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for Oil and Natural Gas Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Oil and Natural Gas Corporation Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An in-depth examination of the factors contributing to the U.S. dollar's multi-year...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.