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Oneok Inc Crosses Below its 10-day MA (OKE)

By Amy Schwartz

Today, shares of Oneok Inc (NYSE:OKE) have crossed bearishly below their 10-day moving average of $70.12 on a volume of 175K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Oneok Inc has traded in a range of $50.26 to $71.99 and is now at $70.00, 39% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for Oneok Inc and will alert subscribers who have OKE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses oneok inc

Ticker(s): OKE