RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of OGS
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ONE Gas Inc stock price down 0.277% on Friday
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jul 11, 2024 Gain 5.53% PDF

The ONE Gas Inc stock price fell by -0.277% on the last day (Friday, 19th Jul 2024) from $68.49 to $68.30. During the last trading day the stock fluctuated 1.81% from a day low at $67.31 to a day high of $68.53. The price has risen in 7 of the last 10 days and is up by 9.11% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -118 thousand shares and in total, 203 thousand shares were bought and sold for approximately $13.85 million.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $69.65 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect ONE Gas Inc stock with a 90% probability to be traded between $58.64 and $69.72 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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OGS Signals & Forecast

The ONE Gas Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $67.33 and $62.81. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -1.94%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for ONE Gas Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $64.00 and $63.85. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, ONE Gas Inc finds support just below today's level at $64.00. If this is broken, then the next support from accumulated volume will be at $63.85 and $63.36.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.22 between high and low, or 1.81%. For the last week, the stock has had daily average volatility of 2.67%.

Our recommended stop-loss: $65.77 (-3.70%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 19 days ago.)

Trading Expectations (OGS) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect ONE Gas Inc to open at $68.05, and during the day (based on 14 day Average True Range), to move between $66.76 and $69.84, which gives a possible trading interval of +/-$1.54 (+/-2.26%) up or down from last closing price. If ONE Gas Inc takes out the full calculated possible swing range there will be an estimated 4.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $68.49 (0.28%) than the support at $64.00 (6.30%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ONE Gas Inc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for ONE Gas Inc stock to perform well in the short-term period.

Current score: 3.691 Buy Candidate Unchanged

Predicted Opening Price for ONE Gas Inc of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$68.05 ( 0.371%) $68.30

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for OGS

Fibonacci Support & Resistance Levels

Level Price
R3 69.27 1.42%
R2 68.80 0.733%
R1 68.51 0.311%
Price 68.30
S1 67.58 -1.05%
S2 67.29 -1.47%
S3 66.83 -2.16%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 69.65 1.98%
R1 68.49 0.278%
Price 68.30
S1 64.00 -6.30%
S2 63.85 -6.52%
S3 63.36 -7.23%

OGS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 15, 2024 Aug 14, 2024 Aug 30, 2024 $0.660 0.97%
2 May 06, 2024 May 17, 2024 Jun 04, 2024 $0.660 1.05%
3 Feb 22, 2024 Feb 22, 2024 Mar 08, 2024 $0.660 1.05%
4 Oct 30, 2023 Nov 14, 2023 Dec 01, 2023 $0.650 1.09%
5 Jul 17, 2023 Aug 15, 2023 Sep 01, 2023 $0.650 0.89%

FAQ

What is the symbol for ONE Gas Inc Stock and on which exchange is it traded?
The symbol for ONE Gas Inc is OGS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell ONE Gas Inc Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for ONE Gas Inc stock to perform well in the short-term period.

How to buy ONE Gas Inc Stock?
ONE Gas Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ONE Gas Inc Stock.

What's the current price of ONE Gas Inc Stock?
As of the end of day on the Jul 19, 2024, the price of an ONE Gas Inc (OGS) share was $68.30.

What is the 52-week high and low for ONE Gas Inc Stock?
The 52-week high for ONE Gas Inc Stock is $81.89 and the 52-week low is $55.50.

What is the market capitalization of ONE Gas Inc Stock?
As of the Jul 19, 2024, the market capitalization of ONE Gas Inc is 3.864B.

When is the next earnings date for ONE Gas Inc?
The upcoming earnings date for ONE Gas Inc is Aug 05, 2024.
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About ONE Gas Inc

ONE Gas ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It provides natural gas distribution services to 2.2 million customers in three states. It serves residential, commercial, and transportation customers. As of December 31, 2021, it operated approximately 4... OGS Profile

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