ONEOK PARTNERS LP (OKS) Technical Analysis
NYSE:OKS • US68268N1037
Current stock price
OKS Technical Rating and Analysis
Overall OKS gets a technical rating of 4 out of 10. OKS has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- OKS 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 OKS is performing more or less in line with the market.
- In the last month OKS has a been trading in the 46.25 - 51.62 range, which is quite wide. It is currently trading near the high of this range.
- OKS has an average volume of 1222040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, OKS did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- Volume is considerably higher in the last couple of days.
OKS Weekly and Daily overview Charts
OKS Setup Rating and Analysis
OKS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 48.89, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
OKS Support and Resistance Analysis
34.58
We found 3 important support areas.
- A support zone ranging from 48.32 to 48.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.49 to 46.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.93 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.90 to 55.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
OKS 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 | NEUTRAL | NEUTRAL | The long term trend for OKS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OKS is up. |
| ChartMill Relative Strength | 71.98 | POSITIVE | OKS has a high relative strength, it outperformed 71.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OKS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OKS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OKS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.03 | NEUTRAL | The RSI value for OKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests OKS has a positive trend. |
| Stochastics (14,3) | 86.15 | OVERBOUGHT | The high Stochastics value suggests OKS may be overbought. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for OKS suggests some volalility. |
OKS Chart- and CandleStick Pattern Analysis
OKS Technicals: Chart, Performance Metrics, Trend & Indicators
51.07
+0.32 (+0.63%)
ONEOK PARTNERS LP / OKS TA FAQ
What is the ChartMill technical rating of ONEOK PARTNERS LP (OKS) stock?
ChartMill assigns a technical rating of 4 / 10 to OKS.
What is the trend direction for OKS stock?
The current trend direction for ONEOK PARTNERS LP (OKS) is Bearish.
What is the RSI signal for ONEOK PARTNERS LP (OKS) stock?
ONEOK PARTNERS LP (OKS) has an RSI value of 59.0325. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ONEOK PARTNERS LP?
The short term momentum for ONEOK PARTNERS LP (OKS) is positive.
Can you provide the support and resistance levels for ONEOK PARTNERS LP?
ONEOK PARTNERS LP (OKS) has a support level at 48.89 and a resistance level at 54.9. Check the full technical report for our detailed analysis of OKS support and resistance levels.