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Oneok Crosses Above its 10-day MA (OKE)

By David Diaz

Oneok (NYSE:OKE) shares have crossed bullishly above their 10-day moving average of $47.44 on a volume of 550K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Oneok has traded in a range of $18.84 to $49.86 and is now at $48.35, 157% above that low. 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 is tracking the current trend status for Oneok and will alert subscribers who have OKE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses oneok

Ticker(s): OKE