Long Term Trend: Weak
AI Indicator Strength: 40.0%
StockONGC
Current Price₹246.25
Short Term Trend
Strong Downward
Trend: Weak
¼ Long Term Trend Structure
- Price below EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Oversold
📊 Momentum (RSI)
- RSI: 29.18
- Extreme exhaustion (Bullish bias)
MACD: Weak Bearish
¼ MACD Observation
- Weak negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Oversold
- Trend → Weak
📊 ONGC Stock Strength & Risk Analysis
✅ Positive Factors
- Technical structure remains largely defensive with limited active catalysts.
❌ Risk Factors
- Long-term trend alignment is structurally bearish.
- Downward structural bias is currently active.
📌 Market Outlook
Caution is advised as technicals remain firmly embedded in a downtrend.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹242.80
₹240.37
₹237.94
🔴 Resistance Zones
₹304.95
₹308.00
₹311.05
ONGC Price Action: Immediate buying interest for ONGC has historically emerged around the ₹242.8 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹304.95. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 164.31 |
| 38.2% | 198.84 |
| 50.0% | 226.75 |
| 61.8% | 254.66 |
| 78.6% | 294.39 |
Structural Pullbacks: Looking at the Fibonacci retracement map for ONGC, the 38.2% level at ₹198.84 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where ONGC might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 246.85 | SMA5 | 245.68 |
| EMA9 | 250.04 | SMA9 | 248.68 |
| EMA20 | 259.52 | SMA20 | 260.79 |
| EMA50 | 270.25 | SMA50 | 278.61 |
| EMA100 | 269.88 | SMA100 | 275.34 |
| EMA200 | 263.63 | SMA200 | 258.76 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Oversold: +2 🔴
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Weak Bearish: -1 🔴
🔴
• Total Score: -2
🔴
• Confidence Score: 40.00%
🔴
Total Score: -2
Technical Indicator Strength: 40.0%
- Weak alignment in behavior
- AI Confidence Score: 40.0%
👉 Market appears weak-to-sideways with mild downside pressure
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-05-22 |
Bearish |
290.00 |
289.95 |
289.95 |
284.30 |
1.95% |
0.00 |
289.95 |
261.55% |
9.81 |
-0.02 |
33.25 67.82 Success |
| 2026-05-14 |
Bullish |
300.90 |
303.00 |
304.95 |
298.55 |
0.64% |
1.47 |
304.95 |
293.65% |
1.35 |
2.41 |
22.69 28.78 Success |
| 2026-05-06 |
Bearish |
280.80 |
282.00 |
285.20 |
279.70 |
0.82% |
1.13 |
300.20 |
277.65% |
1.12 |
6.91 |
93.43 73.53 Success |
| 2026-04-28 |
Bullish |
301.30 |
303.90 |
307.50 |
299.75 |
1.18% |
1.37 |
307.50 |
287.00% |
2.06 |
4.75 |
50.10 55.45 Success |
| 2026-04-20 |
Bearish |
283.35 |
283.15 |
284.85 |
282.40 |
0.26% |
0.60 |
289.80 |
282.40% |
0.34 |
2.28 |
26.36 22.45 Success |
| 2026-03-27 |
Bullish |
281.95 |
282.75 |
288.35 |
281.95 |
1.98% |
0.28 |
293.00 |
280.00% |
3.92 |
0.69 |
27.23 42.85 Success |
| 2026-03-04 |
Bearish |
276.95 |
278.00 |
287.65 |
275.35 |
0.95% |
3.47 |
289.00 |
265.35% |
4.19 |
4.35 |
32.68 55.16 Success |
| 2026-03-02 |
Bullish |
282.20 |
287.00 |
288.35 |
275.10 |
0.47% |
4.15 |
289.00 |
265.35% |
2.41 |
5.97 |
1.76 38.20 Success |
| 2026-02-18 |
Bearish |
264.60 |
270.30 |
276.45 |
267.85 |
0.91% |
2.28 |
280.80 |
267.85% |
-1.23 |
6.12 |
52.59 41.71 Success |
| 2025-12-26 |
Bullish |
234.53 |
234.53 |
239.02 |
234.00 |
1.91% |
0.23 |
242.55 |
233.31% |
3.42 |
0.52 |
1.59 28.93 Success |
| 2025-11-06 |
Bearish |
251.50 |
250.00 |
253.60 |
250.00 |
0.00% |
1.44 |
255.60 |
246.00% |
2.19 |
1.63 |
14.60 24.44 No Trade |
| 2025-09-16 |
Bullish |
235.09 |
236.00 |
237.96 |
235.18 |
0.83% |
0.35 |
238.45 |
234.50% |
1.43 |
0.25 |
2.60 13.18 Success |
| 2025-09-08 |
Bearish |
232.53 |
232.53 |
234.59 |
230.76 |
0.76% |
0.89 |
235.41 |
230.76% |
0.76 |
1.24 |
3.70 13.62 Success |
| 2025-09-01 |
Bullish |
238.72 |
238.75 |
242.50 |
237.40 |
1.57% |
0.57 |
242.50 |
232.06% |
1.58 |
2.79 |
23.26 35.55 Success |
| 2025-08-29 |
Bearish |
233.71 |
234.00 |
239.19 |
233.07 |
0.40% |
2.22 |
242.50 |
233.01% |
0.30 |
3.76 |
6.24 20.51 Success |
| 2025-08-14 |
Bullish |
236.94 |
237.25 |
238.59 |
235.50 |
0.56% |
0.74 |
240.99 |
235.50% |
1.71 |
0.61 |
1.61 14.65 Success |
| 2025-07-25 |
Bearish |
240.29 |
240.29 |
241.56 |
237.80 |
1.04% |
0.53 |
243.71 |
234.05% |
2.60 |
1.42 |
8.96 27.80 Success |
| 2025-07-18 |
Bullish |
246.31 |
246.00 |
246.30 |
244.43 |
0.12% |
0.64 |
247.20 |
239.25% |
0.36 |
2.87 |
13.67 19.57 Success |
| 2025-06-25 |
Bearish |
241.91 |
242.00 |
245.37 |
241.54 |
0.19% |
1.39 |
246.22 |
240.20% |
0.71 |
1.78 |
47.74 30.84 Success |
| 2025-06-11 |
Bullish |
247.32 |
251.50 |
255.20 |
246.75 |
1.47% |
1.89 |
257.50 |
246.75% |
4.12 |
0.23 |
31.21 41.58 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for ONGC. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.