OGDC drop down and bounceback levelsThese are key levels of OGDC for drop down and bounceback.
Note: this is not a buy/sell call. Trade at your own risk.
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46.72 PKR
208.98 B PKR
463.70 B PKR
932.95 M
About OIL & GAS DEVELOPMENT CO LTD
Sector
Industry
CEO
Ahmed Hayat Lak
Website
Headquarters
Islamabad
Founded
1961
ISIN
PK0080201012
FIGI
BBG000CH98M7
Oil & Gas Development Co. Ltd. engages in the exploration and development of oil and gas resources. It also involved in exploration, drilling, process and plants, production, reservoir management, and engineering support. The company was founded on March 4, 1961 and is headquartered in Islamabad, Pakistan.
OGDC drop down and bounce back levelsThese are #OGDC drop down and bounce back levels.
Note: Trade at your own risk.
OGDC. Bullish channel Top with Divergence- Bullish Channel
- Channel Top Retest
- Rejection seen from top of channel
- Divergence appeared
- Retracement Expected
- A Healthy Retracement level is around
38% to 50% fib level
- Horizontal Support level Aligns with retracement
level
WIP: WORK IN PROGRESSI'm still not finished with my analysis. I'll refactor / update it over the weekend, & then I'll add detailed description . Currently, I'm too much busy with office work. This is just a draft for review on the coming weekend.
OGDC | Flag PatternThe flag pattern, identified as a bullish formation, is currently observed on the OGDC technical chart. Presently, the bullish momentum is gaining strength, with the price encountering resistance at approximately 134.50-135. This level represents the initial target. Upon a successful breakout, the s
OGDC Future Prediction - More Advanced Analysis - Drop RS134 I predict that OGDC prices will drop to Rs134,
First drop Till 138
2nd Fall: 137
and 3rd and final: 134
134
making it a good entry point. Keep an eye on the market, as the exact timing is uncertain, but I believe the prices will decline within the next few weeks or month.
OGDC | End of Rising Wedge Pattern?Rising Wedge pattern considered as bearish pattern, which is observed in OGDC technical chart. At present this bearish momentum weakening as the price is facing support zone around 118-119. If the selling pressure resumes and the buyer gets active then a possible pull back is expected towards the re
OGDCWe can attempt to buy OGDC from specified level if it give breakout of range/yellow consolidation box , also there is no bearish divergence at current levels indicate that it move upward .
SL , TP mention in chart.
OGDC/PXSThe "bearish bat" pattern is yet another harmonic pattern used by traders in technical analysis to forecast potential reversals in financial markets. Similar to other harmonic patterns, it's based on Fibonacci ratios and consists of specific price swings.
Here's an overview of its characteristics:
OGDC (Intraday/Short Swing)OGDC weekly Breakout confirmed going for a big target of 160, the short Target for Traders is 137-140.
Great volumes and closing above weekly resistance.
Buy OGDC at 133-129.
Sell at 137-140.
SL At 127.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of OGDC is 199.66 PKR — it has decreased by −0.27% in the past 24 hours. Watch OIL & GAS DEVELOPMENT CO LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange OIL & GAS DEVELOPMENT CO LTD stocks are traded under the ticker OGDC.
OGDC stock has risen by 0.13% compared to the previous week, the month change is a 17.79% rise, over the last year OIL & GAS DEVELOPMENT CO LTD has showed a 84.02% increase.
We've gathered analysts' opinions on OIL & GAS DEVELOPMENT CO LTD future price: according to them, OGDC price has a max estimate of 249.10 PKR and a min estimate of 179.00 PKR. Watch OGDC chart and read a more detailed OIL & GAS DEVELOPMENT CO LTD stock forecast: see what analysts think of OIL & GAS DEVELOPMENT CO LTD and suggest that you do with its stocks.
OGDC reached its all-time high on Jan 15, 2014 with the price of 289.99 PKR, and its all-time low was 69.00 PKR and was reached on Dec 20, 2022. View more price dynamics on OGDC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
OGDC stock is 4.03% volatile and has beta coefficient of 1.73. Track OIL & GAS DEVELOPMENT CO LTD stock price on the chart and check out the list of the most volatile stocks — is OIL & GAS DEVELOPMENT CO LTD there?
Today OIL & GAS DEVELOPMENT CO LTD has the market capitalization of 838.42 B, it has increased by 0.04% over the last week.
Yes, you can track OIL & GAS DEVELOPMENT CO LTD financials in yearly and quarterly reports right on TradingView.
OIL & GAS DEVELOPMENT CO LTD is going to release the next earnings report on Feb 19, 2025. Keep track of upcoming events with our Earnings Calendar.
OGDC net income for the last quarter is 41.02 B PKR, while the quarter before that showed 37.87 B PKR of net income which accounts for 8.31% change. Track more OIL & GAS DEVELOPMENT CO LTD financial stats to get the full picture.
OIL & GAS DEVELOPMENT CO LTD dividend yield was 7.46% in 2024, and payout ratio reached 20.79%. The year before the numbers were 10.96% and 16.37% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 10.73 K employees. See our rating of the largest employees — is OIL & GAS DEVELOPMENT CO LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. OIL & GAS DEVELOPMENT CO LTD EBITDA is 262.60 B PKR, and current EBITDA margin is 60.45%. See more stats in OIL & GAS DEVELOPMENT CO LTD financial statements.
Like other stocks, OGDC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade OIL & GAS DEVELOPMENT CO LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So OIL & GAS DEVELOPMENT CO LTD technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating OIL & GAS DEVELOPMENT CO LTD stock shows the strong buy signal. See more of OIL & GAS DEVELOPMENT CO LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.