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Oil & Gas Exploration Companies

OGDC Oil & Gas Development Company Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 299.10 -1.04%

Technical analysis · updated after the close, 16 Oct 2026

Oil & Gas Development Company Limited (OGDC) technical analysis

OGDC closed at Rs 299.10 on 16 Oct 2026 (-1.04%). The daily picture is strongly bearish: the price is below 6 of its 6 simple moving averages, MACD is below its signal line and RSI at 33.4 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still bullish. Nearest support is the daily S2 at 297.76, resistance S1 at 300.01.

Daily

Strongly bearish

Weekly

Bearish

Monthly

Bullish

Details for Daily Weekly Monthly

Oscillators

Bearish

1 bullish · 5 neutral · 4 bearish

Indicator Value Reading
RSI (14) 33.41 Neutral
Stochastic %K (14, 3, 3) 19.91 Bullish
Stochastic RSI (14, 3, 3) 33.67 Neutral
CCI (20) -125.58 Neutral
ADX (14) 23.51 Bearish
Williams %R (14) -84.79 Neutral
MACD (12, 26, 9) -5.13 Bearish
Momentum (10) -15.52 Bearish
Ultimate Oscillator (7, 14, 28) 31.92 Neutral
Bull Bear Power (13) -11.85 Bearish

Moving averages

Strongly bearish

0 bullish · 0 neutral · 12 bearish

Period Simple Exponential
MA 10 305.85 304.80
MA 20 311.38 309.29
MA 30 313.55 311.99
MA 50 317.48 314.95
MA 100 321.55 315.30
MA 200 310.68 305.01

Support & resistance

Daily pivots
  • R3 309.39
  • R2 307.14
  • R1 304.70
  • Pivot 302.45
  • S1 300.01
  • S2 297.76
  • S3 295.32
  • Close 299.10

Pivot points

Level Classic Fibonacci Camarilla
R3 309.39 307.14 303.54
R2 307.14 305.35 303.11
R1 304.70 304.24 302.68
Pivot 302.45 302.45 302.45
S1 300.01 300.66 301.82
S2 297.76 299.55 301.39
S3 295.32 297.76 300.96

Range & volatility

52-week range

238.20352.00

ATR (14)
5.551.9% of price
Bollinger Bands (20, 2)
296.74 – 326.02
From the 52-week high
-15.0%
Bars analysed
5,590

Oscillators

Bearish

1 bullish · 6 neutral · 3 bearish

Indicator Value Reading
RSI (14) 41.83 Neutral
Stochastic %K (14, 3, 3) 9.20 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -192.75 Neutral
ADX (14) 10.80 Neutral
Williams %R (14) -89.77 Bullish
MACD (12, 26, 9) 1.10 Bearish
Momentum (10) -20.09 Bearish
Ultimate Oscillator (7, 14, 28) 38.18 Neutral
Bull Bear Power (13) -27.62 Bearish

Moving averages

Bearish

4 bullish · 0 neutral · 8 bearish

Period Simple Exponential
MA 10 317.33 314.04
MA 20 321.20 315.53
MA 30 317.30 312.22
MA 50 304.07 300.43
MA 100 266.30 266.16
MA 200 189.88 217.79

Support & resistance

Weekly pivots
  • R3 327.52
  • R2 322.99
  • R1 314.55
  • Pivot 310.02
  • S1 301.58
  • S2 297.05
  • S3 288.61
  • Close 299.10

Pivot points

Level Classic Fibonacci Camarilla
R3 327.52 322.99 309.69
R2 322.99 318.03 308.50
R1 314.55 314.97 307.31
Pivot 310.02 310.02 310.02
S1 301.58 305.06 304.93
S2 297.05 302.00 303.74
S3 288.61 297.05 302.55

Range & volatility

52-week range

238.20352.00

ATR (14)
15.005.0% of price
Bollinger Bands (20, 2)
299.76 – 342.63
From the 52-week high
-15.0%
Bars analysed
1,180

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator Value Reading
RSI (14) 59.13 Neutral
Stochastic %K (14, 3, 3) 68.95 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 52.57 Neutral
ADX (14) 48.65 Bullish
Williams %R (14) -46.49 Neutral
MACD (12, 26, 9) 39.05 Bearish
Momentum (10) 18.01 Bearish
Ultimate Oscillator (7, 14, 28) 50.61 Neutral
Bull Bear Power (13) 21.46 Neutral

Moving averages

Strongly bullish

10 bullish · 0 neutral · 2 bearish

Period Simple Exponential
MA 10 310.50 303.79
MA 20 277.29 275.96
MA 30 241.13 249.86
MA 50 182.99 213.95
MA 100 147.34 177.35
MA 200 161.11 156.77

Support & resistance

Monthly pivots
  • R3 354.25
  • R2 344.62
  • R1 330.67
  • Pivot 321.04
  • S1 307.09
  • S2 297.46
  • S3 283.51
  • Close 299.10

Pivot points

Level Classic Fibonacci Camarilla
R3 354.25 344.62 323.21
R2 344.62 335.61 321.05
R1 330.67 330.04 318.89
Pivot 321.04 321.04 321.04
S1 307.09 312.03 314.57
S2 297.46 306.46 312.41
S3 283.51 297.46 310.25

Range & volatility

52-week range

238.20352.00

ATR (14)
32.3410.8% of price
Bollinger Bands (20, 2)
195.42 – 359.15
From the 52-week high
-15.0%
Bars analysed
274

How these readings work

Computed after each close from OGDC's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.

Pattern signals for OGDC → OGDC overview and price history →