Is ONGC technically bullish or bearish?

Aug 29 2025 08:05 AM IST
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As of 28 August 2025, ONGC's trend is mildly bearish, indicated by bearish signals from the weekly MACD and Bollinger Bands, while some monthly indicators show potential for recovery, suggesting a weak bearish sentiment overall.
As of 28 August 2025, the technical trend for ONGC has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands both indicating bearish signals, while the monthly MACD and KST show a mildly bearish trend. The daily moving averages are also bearish. However, there are some mildly bullish signals from the Dow Theory and the OBV on a monthly basis. Overall, the mixed indicators suggest a weak bearish sentiment with some potential for recovery, but the prevailing trend remains negative.
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