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Shares of Oneok Inc Rise to a New 52-Week High

By David Diaz

Shares of Oneok Inc (NYSE:OKE) traded today at $66.98, breaking its 52-week high. Approximately 124,000 shares have changed hands today, as compared to an average 30-day volume of 2.8 million shares.

Oneok Inc share prices have moved between a 52-week high of $66.98 and a 52-week low of $42.79 and are now trading 56% above that low price at $66.78 per share. The 200-day and 50-day moving averages have moved 0.18% lower and 4.40% higher over the past week, respectively.

ONEOK, Inc. is a diversified energy company. The Company is involved in the natural gas and natural gas liquids business across the United States.

Oneok Inc (NYSE:OKE) defies analysts with a current price ($66.78) 2.7% above its average consensus price target of $65.00. The stock should find initial support at its 50-day moving average (MA) of $30.38 and further support at its 200-day MA of $30.18.

SmarTrend recommended that subscribers consider buying shares of Oneok Inc on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $57.53. Since that recommendation, shares of Oneok Inc have risen 15.9%. We continue to monitor OKE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows oneok inc

Ticker(s): OKE