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After Yesterday's Decline of 1.37%, Oneok Inc Offers Investors Better Value

By Shiri Gupta

Oneok Inc (NYSE:OKE) traded in a range yesterday that spanned from a low of $65.21 to a high of $66.89. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $67.25 on volume of 1.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

Oneok Inc share prices have moved between a 52-week high of $71.99 and a 52-week low of $49.65 and are now trading 33% above that low price at $65.82 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has declined 0.2%.

Keywords: rebounders oneok inc

Ticker(s): OKE