Is ONGC technically bullish or bearish?

Jun 21 2025 08:04 AM IST
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As of June 20, 2025, ONGC's trend is mildly bearish, influenced by daily moving averages, while mixed signals from weekly and monthly indicators suggest weak bearish sentiment with no clear momentum.
As of 20 June 2025, the technical trend for ONGC has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. While the weekly MACD and KST show mildly bullish signals, the monthly indicators, including MACD and Bollinger Bands, are mildly bearish, suggesting a lack of strong upward momentum. The RSI shows no signal on both weekly and monthly time frames, indicating indecision. Overall, the mixed signals across different time frames highlight a weak bearish sentiment.
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