ONEOK INC (OKE) Technical Analysis
NYSE:OKE • US6826801036
Current stock price
92.12 USD
+1.18 (+1.3%)
At close:
91.2953 USD
-0.82 (-0.9%)
After Hours:
OKE Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to OKE. Although OKE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- OKE is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 71% are performing better than OKE.
- Both the short term and long term trends are positive. This is a very positive sign.
- OKE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OKE is performing more or less in line with the market.
- In the last month OKE has a been trading in the 81.59 - 92.89 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- OKE has an average volume of 5258840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, OKE outperforms 69% of them, which is more or less in line with the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OKE Weekly and Daily overview Charts
OKE Setup Rating and Analysis
OKE has an excellent technical rating, but 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
93.04
4 important support areas can be observed.
- A support zone ranging from 86.52 to 88.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 82.28 to 83.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.62 from a trend line in the daily time frame.
- Support @71.36 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for OKE is up. |
| ChartMill Relative Strength | 69.9 | NEUTRAL | OKE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OKE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OKE is above 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) | 71.86 | OVERBOUGHT | The high RSI value suggests OKE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests OKE has a positive trend. |
| Stochastics (14,3) | 83.21 | OVERBOUGHT | The high Stochastics value suggests OKE may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for OKE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.45 | POSITIVE | The high ADX value value for OKE suggests a strong trend. |
OKE Chart- and CandleStick Pattern Analysis
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)
OKE Technicals: Chart, Performance Metrics, Trend & Indicators
92.12
+1.18 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.3%
1 Week6.88%
2 Weeks7.42%
1 Month11.96%
3 Month26.45%
6 Month24.67%
12 Month-6.46%
2 Year14.91%
3 Year44.98%
5 Year81.84%
10 Year208.51%
15 Year175.48%
Volatility
ATR(14)2.31
ATR(20)%2.64%
ATR Inc14.8%
Range Today3.01
ADR(20)2.31
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.9
3 months CRS93.13
6 months CRS89.41
Mansfield1.4
10 Day High92.89
10 Day Low84.5
20 Day High92.89
20 Day Low81.59
52 Week High100.57
52 Week Low64.02
CS1 End88.8
CR1 StartN/A
Volume & EV
DER(3)1.2%
DER(5)0.92%
Volume4.92M
Volume Incr58.12%
Vol(5)7.95M
Vol(50)5.26M
ONEOK INC / OKE TA FAQ
What is the ChartMill technical rating of ONEOK INC (OKE) stock?
ChartMill assigns a technical rating of 8 / 10 to OKE.
What is the trend direction for OKE stock?
The current trend direction for ONEOK INC (OKE) is Bullish.
Can you provide the RSI signal for ONEOK INC?
ONEOK INC (OKE) has an RSI value of 71.8554. This indicates that the stock is currently overbought.
What is the buy/sell signal for OKE stock?
The buy/sell signal for ONEOK INC (OKE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ONEOK INC?
ONEOK INC (OKE) has a support level at 88.8. Check the full technical report for our detailed analysis of OKE support and resistance levels.