ONEOK INC (OKE) Stock Technical Analysis
USA - NYSE:OKE - US6826801036 - Common Stock
71.25 USD
-1.13 (-1.56%)
71.1992 USD
-0.05 (-0.07%)
We assign a technical rating of 0 out of 10 to OKE. OKE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, OKE is a bad performer in the overall market: 89% of all stocks are doing better.
OKE is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 80% are performing better than OKE.
OKE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month OKE has a been trading in the 70.94 - 75.25 range, which is quite wide. It is currently trading near the lows of this range.
OKE has an average volume of 3719350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, OKE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 71.24, a Stop Loss order could be placed below this zone.
More info and screens
70.53
84.07
We found 1 important support area.
- A support zone ranging from 71.24 to 71.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 71.36 to 75.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @76.38 from a horizontal line in the daily time frame.
- Resistance @78.57 from a trend line in the daily time frame.
- Resistance @83.24 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for OKE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OKE is down. |
| ChartMill Relative Strength | 11.98 | NEGATIVE | OKE has a low relative strength, it was outperformed by 88.02% off all stocks 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) | DOWN | NEGATIVE | The current price of OKE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OKE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.04 | NEUTRAL | The RSI value for OKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OKE has a negative trend. |
| Stochastics (14,3) | 25.21 | NEUTRAL | The Stochastics value for OKE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for OKE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for OKE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
71.25
-1.13 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.56%
1 Week-1.68%
2 Weeks-2.98%
1 Month-2.8%
3 Month-12.4%
6 Month-13.7%
12 Month-26.25%
2 Year9.28%
3 Year20.11%
5 Year145.69%
10 Year110.05%
15 Year186.03%
Volatility
ATR(14)1.51
ATR(20)%2.08%
ATR Inc22.94%
Range Today2.18
ADR(20)1.43
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.98
Mansfield-2.93
10 Day High75.25
10 Day Low71.05
20 Day High75.25
20 Day Low70.94
52 Week High118.07
52 Week Low70.63
CS1 End71.24
CR1 Start71.36
Volume & EV
DER(3)-2.29%
DER(5)-2.05%
Volume2.89M
Volume Incr-20.59%
Vol(5)3.14M
Vol(50)3.72M