• Return to Headlines

Bullish Moving Average Cross by Oneok Inc (OKE)

By Nick Russo

Today, shares of Oneok Inc (NYSE:OKE) have advanced above their 10-day MA of $51.55 on a volume of 354K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Oneok Inc share prices have moved between a 52-week high of $59.47 and a 52-week low of $42.79 and are now trading 22% above that low price at $52.00 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 4.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Oneok Inc on August 4th, 2017 by issuing a Downtrend alert when the shares were trading at $53.92. Since that call, shares of Oneok Inc have fallen 5.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses oneok inc

Ticker(s): OKE