ONE GAS INC (OGS) Technical Analysis
NYSE:OGS • US68235P1084
Overall OGS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OGS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that OGS is one of the better performing stocks in the market, outperforming 75% of all stocks.
- OGS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- OGS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- OGS is an average performer in the Gas Utilities industry, it outperforms 50% of 15 stocks in the same industry.
OGS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 86.93. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
72.68
2 important support areas can be observed.
- A support zone ranging from 76.49 to 79.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @73.41 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 86.93 to 87.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 OGS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OGS is up. |
| ChartMill Relative Strength | 75.09 | POSITIVE | OGS has a high relative strength, it outperformed 75.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OGS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.72 | NEUTRAL | The RSI value for OGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests OGS has a negative trend. |
| Stochastics (14,3) | 71.77 | NEUTRAL | The Stochastics value for OGS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for OGS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.98 | NEUTRAL | The ADX value for OGS suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 87.71 | 84.21 | 3.50 (3.99%) | 25.00% |
| An entry @87.71. This is a Buy Stop order right above the resistance zone. | An exit @84.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.50 points, which is 3.99%. | For a 1.00% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OGS Technicals: Chart, Performance Metrics, Trend & Indicators
86.23
-0.92 (-1.06%)
ONE GAS INC / OGS FAQ
What is the technical rating for OGS stock?
ChartMill assigns a technical rating of 9 / 10 to OGS.
Can you provide the trend direction for ONE GAS INC?
The current trend direction for ONE GAS INC (OGS) is Bullish.
What is the RSI signal for OGS stock?
ONE GAS INC (OGS) has an RSI value of 58.7224. This indicates that the stock is currently neutral.
What is the MACD signal for OGS stock?
The MACD indicator for ONE GAS INC (OGS) has a value of -0.197314, indicating a bearish trend.
What is the support and resistance level for OGS stock?
ONE GAS INC (OGS) has a support level at 79.04 and a resistance level at 86.93. Check the full technical report for our detailed analysis of OGS support and resistance levels.