ONE GAS INC (OGS) Stock Technical Analysis
NYSE:OGS • US68235P1084
Overall OGS gets a technical rating of 8 out of 10. Although OGS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by OGS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month OGS has a been trading in the 76.39 - 86.77 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, OGS turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- OGS is an average performer in the Gas Utilities industry, it outperforms 46% of 14 stocks in the same industry.
Although OGS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
72.76
2 important support areas can be observed.
- A support zone ranging from 76.13 to 78.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @73.49 from a horizontal line in the daily time frame.
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 | 63.6 | 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) | 74.64 | OVERBOUGHT | The high RSI value suggests OGS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests OGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.31 | OVERBOUGHT | The high Stochastics value suggests OGS may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for OGS suggests low volalility. |
| Average Directional Index/ADX (14) | 28.98 | POSITIVE | The high ADX value value for OGS suggests a strong trend. |
85.74
-0.3 (-0.35%)
ONE GAS INC / OGS FAQ
What is the technical rating for OGS stock?
ChartMill assigns a technical rating of 8 / 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 74.6395. This indicates that the stock is currently overbought.
What is the MACD signal for OGS stock?
The MACD indicator for ONE GAS INC (OGS) has a value of 0.595644, indicating a bearish trend.
What is the support and resistance level for OGS stock?
ONE GAS INC (OGS) has a support level at 78.96. Check the full technical report for our detailed analysis of OGS support and resistance levels.