ONEOK INC (OKE) Technical Analysis
NYSE:OKE • US6826801036
Current stock price
OKE Technical Rating and Analysis
Overall OKE gets a technical rating of 5 out of 10. OKE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- OKE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 76% of 209 stocks in the same industry do better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- OKE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OKE is lagging the market slightly.
- OKE has an average volume of 5065810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, OKE turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- In the last month OKE has a been trading in the 81.25 - 95.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OKE Weekly and Daily overview Charts
OKE Setup Rating and Analysis
OKE has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
OKE Support and Resistance Analysis
70.65
2 important support areas can be observed.
- A support zone ranging from 81.45 to 84.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.36 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 92.64 to 93.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
OKE Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for OKE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OKE is neutral. |
| ChartMill Relative Strength | 47.68 | NEUTRAL | OKE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OKE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OKE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OKE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.99 | NEUTRAL | The RSI value for OKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests OKE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.99 | NEUTRAL | The Stochastics value for OKE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for OKE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.18 | NEGATIVE | The low ADX value for OKE suggests a weak or negative trend. |
OKE Chart- and CandleStick Pattern Analysis
OKE Technicals: Chart, Performance Metrics, Trend & Indicators
86.06
+1.37 (+1.62%)
ONEOK INC / OKE TA FAQ
What is the ChartMill technical rating of ONEOK INC (OKE) stock?
ChartMill assigns a technical rating of 5 / 10 to OKE.
What is the trend direction for OKE stock?
The current trend direction for ONEOK INC (OKE) is Bullish.
What is the RSI signal for OKE stock?
ONEOK INC (OKE) has an RSI value of 48.9883. This indicates that the stock is currently neutral.
What is the MACD signal for ONEOK INC (OKE) stock?
The MACD indicator for ONEOK INC (OKE) has a value of -0.45573, indicating a bearish trend.