ONEOK INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	OKE
ISIN:

ONEOK INC. - Daily - Technical analysis published on 04/20/2022 (GMT)

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 69.84 USD

My targets

74.60 USD (+3.37%)

78.57 USD (+8.87%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ONEOK INC. as long as the price remains well above 69.84 USD. The buyers' bullish objective is set at 74.60 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 78.57 USD. If there is any crossing, the next objective would be the resistance located at 84.77 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ONEOK INC. price is 72.17 USD. The price is lower by -0.46% since the last closing with the lowest point at 71.92 USD and the highest point at 73.07 USD. The deviation from the price is +0.35% for the low point and -1.23% for the high point.

71.92

73.07

72.17

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ONEOK INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	63.87	67.70	69.84	72.17	72.27
Change (%)	-11.50%	-6.19%	-3.23%	-	+0.14%
Change	-8.30	-4.47	-2.33	-	+0.10
Level	Intermediate	Major	Intermediate	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	70.55	71.24	71.70	72.39	72.85	73.54	74.00
Camarilla	71.85	71.96	72.07	72.17	72.28	72.38	72.49
Woodie	70.45	71.18	71.60	72.33	72.75	73.48	73.90
Fibonacci	71.24	71.68	71.95	72.39	72.83	73.10	73.54

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.31	69.13	70.22	71.04	72.13	72.95	74.04
Camarilla	70.78	70.95	71.13	71.30	71.48	71.65	71.83
Woodie	68.44	69.20	70.35	71.11	72.26	73.02	74.17
Fibonacci	69.13	69.86	70.31	71.04	71.77	72.22	72.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	54.26	58.23	64.43	68.40	74.60	78.57	84.77
Camarilla	67.83	68.77	69.70	70.63	71.56	72.50	73.43
Woodie	55.38	58.79	65.55	68.96	75.72	79.13	85.89
Fibonacci	58.23	62.12	64.52	68.40	72.29	74.69	78.57

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	61.91
MACD (12,26,9):	1.3300
Directional Movement:	9.37
AROON (14):	92.86
DEMA (21):	72.34
Parabolic SAR (0,02-0,02-0,2):	70.68
Elder Ray (13):	1.40
Super Trend (3,10):	67.78
Zig ZAG (10):	72.17
VORTEX (21):	1.0800
Stochastique (14,3,5):	69.29
TEMA (21):	72.21
Williams %R (14):	-31.59
Chande Momentum Oscillator (20):	1.54
Repulse (5,40,3):	-0.1000
ROCnROLL:	1
TRIX (15,9):	0.3100
Courbe Coppock:	2.79

MA7:	71.42
MA20:	70.93
MA50:	67.17
MA100:	63.39
MAexp7:	71.58
MAexp20:	70.45
MAexp50:	67.70
MAexp100:	64.72
Price / MA7:	+1.05%
Price / MA20:	+1.75%
Price / MA50:	+7.44%
Price / MA100:	+13.85%
Price / MAexp7:	+0.82%
Price / MAexp20:	+2.44%
Price / MAexp50:	+6.60%
Price / MAexp100:	+11.51%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on ONEOK INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15463

Number of analyses :

89105

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…