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(ONGC) Oil And complete technical analysis [charts+indicators] | Buy/Sell Oil And | (ONGC) share price targets

Complete technical analysis of Oil And (ONGC) by charts plus indicators, forecast predictions and share price targets for Oil And (ONGC)

10 day averaged volume of Oil And is 12381120

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 277.45 278.80 283.40 276.60 0.931 times
16 Thu May 2024 277.65 276.00 279.35 273.80 1.919 times
15 Wed May 2024 273.45 274.50 276.00 272.50 0.514 times
14 Tue May 2024 272.90 267.95 274.65 266.45 0.737 times
13 Mon May 2024 266.90 271.90 271.90 262.05 0.579 times

My analysis of stock is bullish for shortterm, and stock might move up till 282.7 or till 289.4. Use a stoploss of 277.22 and if this stock hits its stoploss, then it can fall down till 271.7

Share price targets for Oil And (ONGC)

Target Type Value
Downside Target 203.65
Downside Target 245.45
Downside Target 262.05
Downside Target 273.75
Upside Target 283.40
Upside Target 284.95
Upside Target 286.15
Upside Target 288.75
Upside Target 292.55
Upside Target 292.95

Intraday share price targets for Oil And (ONGC)

Target Type Value
Downside Intraday Target 265.2
Downside Intraday Target 252.95
Upside Intraday Target 286.55
Upside Intraday Target 295.65
Downside Intraday Target 274.3

Weekly technical analysis of Oil And (ONGC)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 277.45 271.90 283.40 262.05 0.88 times
10 Fri May 2024 270.25 288.70 288.75 263.20 1.026 times
03 Fri May 2024 286.10 283.95 292.95 279.05 1.064 times
26 Fri Apr 2024 282.90 277.30 286.15 273.75 0.273 times
19 Fri Apr 2024 275.25 269.10 292.55 267.10 3.731 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Oil And (ONGC)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 277.45 281.00 292.95 262.05 0.382 times
30 Tue Apr 2024 282.85 268.05 292.55 265.00 1.492 times
28 Thu Mar 2024 268.05 266.50 284.95 248.90 0.609 times
29 Thu Feb 2024 264.60 254.65 281.15 245.45 0.867 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Oil And (ONGC)

Indicator Name Indicator Value Indicator Signal
ADX 23, 17, 14 Buy
MACD 2, 3Sell
Stochastics 48None
CCI 80Buy
RSI 45Sell
OBV 60956587Sell
VWAP 274Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Oil And ( (ONGC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Oil And ( (ONGC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Oil And ( (ONGC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Oil And ( (ONGC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Oil And stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Oil And in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Oil And Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Oil And in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Oil And is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 274.43 and Oil And (ONGC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Oil And (ONGC) stock. Volume based technical analysis of Oil And (ONGC) stock is negative.

Oil And Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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