ONE GAS INC (OGS) Technical Analysis
NYSE:OGS • US68235P1084
Current stock price
OGS Technical Rating and Analysis
Taking everything into account, OGS scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OGS is only an average performer.
- The long and short term trends are both positive. This is looking good!
- 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.
- When compared to the yearly performance of all other stocks, OGS outperforms 63% of them, which is more or less in line with the market.
- OGS is an average performer in the Gas Utilities industry, it outperforms 57% of 15 stocks in the same industry.
- In the last month OGS has a been trading in a tight range between 86.07 and 90.78.
OGS Weekly and Daily overview Charts
OGS Setup Rating and Analysis
OGS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 90.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 88.68, a Stop Loss order could be placed below this zone. 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
OGS Support and Resistance Analysis
73.77
We found 5 important support areas.
- A support zone ranging from 86.46 to 88.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.38 from a trend line in the weekly time frame.
- Support @79.65 from a trend line in the daily time frame.
- A support zone ranging from 76.49 to 76.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.52 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 90.00 to 90.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
OGS Technical Indicator Signal Analysis
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 | 63.66 | NEUTRAL | OGS is not amongst the best or worst performers 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) | 54.89 | NEUTRAL | The RSI value for OGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests OGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.22 | NEUTRAL | The Stochastics value for OGS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for OGS suggests low volalility. |
| Average Directional Index/ADX (14) | 11.58 | NEGATIVE | The low ADX value for OGS suggests a weak or negative trend. |
OGS Chart- and CandleStick Pattern Analysis
OGS Example Setup
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 |
|---|---|---|---|
| 90.65 | 86.45 | 4.20 (4.63%) | 21.58% |
| An entry @90.65. This is a Buy Stop order right above the resistance zone. | An exit @86.45. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.20 points, which is 4.63%. | For a 1.00% total portfolio risk, you can invest 21.58% 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
88.91
-0.31 (-0.35%)
ONE GAS INC / OGS TA FAQ
What is the technical rating for OGS stock?
ChartMill assigns a technical rating of 7 / 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 ONE GAS INC (OGS) stock?
ONE GAS INC (OGS) has an RSI value of 54.8918. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ONE GAS INC?
The buy/sell signal for ONE GAS INC (OGS) is buy as both the short term and long term trends are positive.
What is the support and resistance level for OGS stock?
ONE GAS INC (OGS) has a support level at 88.68 and a resistance level at 90. Check the full technical report for our detailed analysis of OGS support and resistance levels.