Oil Natural (India) Technical Analysis

ONGC Stock   252.20  2.10  0.83%   
As of the 28th of November, Oil Natural holds the Variance of 2.43, coefficient of variation of (463.97), and Risk Adjusted Performance of (0.16). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oil Natural, as well as the relationship between them. Please check Oil Natural Gas information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Oil Natural Gas is priced some-what accurately, providing market reflects its current price of 252.2 per share.

Oil Natural Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oil, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oil
  
Oil Natural's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Oil Natural technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Oil Natural technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oil Natural trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Oil Natural Gas Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Oil Natural Gas volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oil Natural Gas Trend Analysis

Use this graph to draw trend lines for Oil Natural Gas. You can use it to identify possible trend reversals for Oil Natural as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Oil Natural price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oil Natural Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oil Natural Gas applied against its price change over selected period. The best fit line has a slop of   0.94  , which may suggest that Oil Natural Gas market price will keep on failing further. It has 122 observation points and a regression sum of squares at 33122.05, which is the sum of squared deviations for the predicted Oil Natural price change compared to its average price change.

About Oil Natural Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Oil Natural Gas on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Oil Natural Gas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oil Natural Gas price pattern first instead of the macroeconomic environment surrounding Oil Natural Gas. By analyzing Oil Natural's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Oil Natural's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Oil Natural specific price patterns or momentum indicators. Please read more on our technical analysis page.

Oil Natural November 28, 2024 Technical Indicators

Most technical analysis of Oil help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Oil from various momentum indicators to cycle indicators. When you analyze Oil charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Oil Natural November 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Oil stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Oil Stock Analysis

When running Oil Natural's price analysis, check to measure Oil Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oil Natural is operating at the current time. Most of Oil Natural's value examination focuses on studying past and present price action to predict the probability of Oil Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Natural's price. Additionally, you may evaluate how the addition of Oil Natural to your portfolios can decrease your overall portfolio volatility.