OGE ENERGY CORP (OGE) Stock Technical Analysis
NYSE:OGE - New York Stock Exchange, Inc. - US6708371033 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to OGE. OGE was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
OGE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OGE is performing more or less in line with the market.
In the last month OGE has a been trading in the 42.24 - 46.89 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
OGE has an average volume of 1255560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that OGE is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by OGE over the past year are nicely spread over this period. However, we also see that OGE couldn't keep up this performance in the last couple of months.
OGE is part of the Electric Utilities industry. There are 46 other stocks in this industry, OGE did better than 57% of them.
OGE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 43.63, a Stop Loss order could be placed below this zone.
More info and screens
38.59
46.85
5 important support areas can be observed.
- A support zone ranging from 43.27 to 43.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 42.09 to 42.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @41.19 from a horizontal line in the daily time frame.
- Support @39.75 from a horizontal line in the weekly time frame.
- Support @38.98 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 44.12 to 45.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.29 to 46.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for OGE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OGE is neutral. |
| ChartMill Relative Strength | 74.92 | POSITIVE | OGE has a high relative strength, it outperformed 74.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OGE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OGE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.53 | NEUTRAL | The RSI value for OGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OGE has a negative trend. |
| Stochastics (14,3) | 58.09 | NEUTRAL | The Stochastics value for OGE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for OGE suggests low volalility. |
| Average Directional Index/ADX (14) | 12.12 | NEGATIVE | The low ADX value for OGE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:OGE (5/29/2025, 12:03:06 PM)
43.81
+0.12 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.27%
1 Week-2.72%
2 Weeks1.46%
1 Month-4.42%
3 Month-5.6%
6 Month-0.61%
12 Month20.36%
2 Year23.84%
3 Year5.79%
5 Year39.5%
10 Year38.7%
15 Year139.79%
Volatility
ATR(14)0.76
ATR(20)%1.87%
ATR Inc9.7%
Range Today0.23
ADR(20)0.78
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.92
Mansfield0.22
10 Day High45.16
10 Day Low42.24
20 Day High46.89
20 Day Low42.24
52 Week High46.91
52 Week Low34.84
CS1 End43.63
CR1 Start43.77
Volume & EV
DER(3)-0.01%
DER(5)-1.07%
Volume215.50K
Volume Incr-25.76%
Vol(5)843.40K
Vol(50)1.26M