ONE GAS INC (OGS) Stock Technical Analysis
USA - NYSE:OGS - US68235P1084 - Common Stock
Overall OGS gets a technical rating of 6 out of 10. OGS has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, OGS does present a nice setup opportunity. Prices have been consolidating lately. 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 81.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 79.84, a Stop Loss order could be placed below this zone.
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70.87
4 important support areas can be observed.
- A support zone ranging from 79.60 to 79.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @77.51 from a trend line in the daily time frame.
- A support zone ranging from 75.82 to 76.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 71.59 to 72.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 81.38 to 83.18. 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 | NEUTRAL | NEUTRAL | The short term trend for OGS is neutral. |
| ChartMill Relative Strength | 64.49 | NEUTRAL | OGS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OGS is below a declining 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) | 46.44 | NEUTRAL | The RSI value for OGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests OGS has a negative trend. |
| Stochastics (14,3) | 61.51 | NEUTRAL | The Stochastics value for OGS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for OGS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.76 | 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 |
|---|---|---|---|
| 81.49 | 79.59 | 1.90 (2.33%) | 25.00% |
| An entry @81.49. This is a Buy Stop order right above the 10 day moving average. | An exit @79.59. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.90 points, which is 2.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- The distance between exit and entry is rather small compared to the average daily movement of OGS. Please evaluate whether better entry and exit points can be found.
- 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.
80.41
-0.66 (-0.81%)
ONE GAS INC / OGS FAQ
What is the technical rating for OGS stock?
ChartMill assigns a technical rating of 6 / 10 to OGS.
What is the current trend direction of ONE GAS INC (OGS) stock?
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 46.4362. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ONE GAS INC?
The MACD indicator for ONE GAS INC (OGS) has a value of -0.23075, indicating a bearish trend.
What are the support and resistance levels for ONE GAS INC (OGS) stock?
ONE GAS INC (OGS) has a support level at 79.84 and a resistance level at 81.38. Check the full technical report for our detailed analysis of OGS support and resistance levels.