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Downtrend Broken Resist.Archive - 11/21/2025 - Sign In to see current Signals. |
ONEOK Inc. (OKE) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a third consecutive positive week for the ONEOK Inc. (OKE). During the week, the OKE climbed 0.04 points, or 0.06%, and closed at 70.53 on Friday, November 21, 2025. Weekly volume was 27% above average. OKE is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See OKE long-term trend chart] A long-term uptrend had started on March 18, 2020 at 12.16 and reached 118.10 on November 22, 2024. OKE gained -105.94 points, or -871.22%, in 244 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (101.48) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See OKE medium-term trend chart] A medium-term downtrend had started on November 22, 2024 at 118.10 and reached 64.02 on November 4, 2025. OKE lost 54.08 points, or 45.79%, in 49 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (62.08) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. OKE may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See OKE weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See OKE short-term trend chart] A short-term uptrend had started on November 20, 2025 at 70.90 and reached 71.17 on November 21, 2025. OKE gained -0.27 points, or -0.38%, in 1 days. The price is now at the 237.04% retracement level.
Daily Technical Indicators: [See OKE daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is above its signal line since November 6, 2025. This is an indication that the short-term trend is up. Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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