An investor-focused analysis of major shifts in the financial services landscape as...
Technicals for Oil and Natural Gas Corporation Limited
By MusingTheNews
2025-12-15 20:50
Overall Technical outlook
Price Summary
2025-12-10, saw ONGC's stock open at 239.32, hit a peak of 240.35, fall to a low of 238.42, and close lower -0.01% at 239.29, with 3491746 shares changing hands. In the last 52 weeks, the stock's top price was 271.33 and the bottom price was 219.84. The projected price range for Oil and Natural Gas Corporation Limited is between 200.0 and 330.0, with an expected mean price of 279.3, according to 30 analysts.
Technicals
Support and Resistance: The current price of 239.29 for ONGC is supported at 238.29 and faces resistance at 241.91. These levels indicate that 238.29 could act as a floor, while 241.91 might limit any further price increases. Support/Resistance for ONGC
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for Oil and Natural Gas Corporation Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Oil and Natural Gas Corporation Limited
Parabolic SAR: The PSAR continues its bearish trend for Oil and Natural Gas Corporation Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Oil and Natural Gas Corporation Limited
Stochastic: The K-line has moved above the D-line on the stochastic indicator for ONGC, even as it stays below 20, often considered the start of a bullish move. This suggests that the market might be in the early stages of a recovery, leading to potential gains. Investors may see this as an indication of rising momentum. Stochastic chart for Oil and Natural Gas Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Oil and Natural Gas Corporation Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and 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 article analysing the Federal Reserve’s December 2025 rate cut and...
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.