Meyka AI API is live for developers.Start building.
Advertisement
Oil and Natural Gas Corporation Limited

Oil and Natural Gas Corporation Limited (ONGC.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Oil and Natural Gas Corporation Limited.

ONGC.BO●BSE
EnergyOil & Gas Integrated
₹246.15
₹12.95(5.00%)
Indian Market opens in 62h 12m
Advertisement

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ONGC.BO Technical Analysis Summary

Oil and Natural Gas Corporation Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 27.55)
Trend Strength:Moderate (ADX: 29.45)
Volatility:Medium (ATR: 6.89)
Support/Resistance:$244.51 – $310.35 (Bollinger Bands)

Technical conditions suggest Oil and Natural Gas Corporation Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 27.55

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 2.39

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.59

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -14.35

Strongly Bearish
Sharp downside momentum.

Takeaway:Oil and Natural Gas Corporation Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -8.48

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.45

Moderate
Moderate trend, direction gaining strength.

ATR (14): 6.89

High
High volatility, wide price fluctuations.

CCI (14): -113.33

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Oil and Natural Gas Corporation Limited shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$310.35
Middle Band (SMA 20)
$277.43
Lower Band
$244.51
Current Position
Within Bands

Takeaway:Oil and Natural Gas Corporation Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$285.29
Middle Line (EMA 20)
$271.51
Lower Channel
$257.72
Squeeze Status
No Squeeze

Takeaway:Oil and Natural Gas Corporation Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume7.97M
Money Flow Index18.34Bullish, oversold conditions signal rebound potential.
Relative Vigor Index32.18Bearish, price momentum favors sellers.

Overall Takeaway:ONGC.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Oil and Natural Gas Corporation Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Oil and Natural Gas Corporation Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ