The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 11/21/2025 -
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ONEOK Inc. (OKE) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend support lineWeekly  MACD line has moved above its signal lineBroken trend resistance line
Daily :Williams' Percentage Range is overboughtStochastic signal line moved below overbought areaPrice is close to the 50 Day Moving Average
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.78
Williams' Percentage Range (W%R) 13.40
Overbought
Lane's Stochastic (%D-Slow) 69.31
Greed/Fear Indicator (GFI) 76.22
Moving Average Converg./Diverg. (MACD) -0.37
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.24
Williams' Percentage Range (W%R) 68.90
Lane's Stochastic (%D-Slow) 31.24
Greed/Fear Indicator (GFI) 35.42
Moving Average Converg./Diverg. (MACD) -4.65
Trading Signals
Description Value Chart
Upper Bollinger Band 72.29
Price 70.53
Daily Stochastic Crossing 70.25
50 Day Moving Average 70.09
20 Day Moving Average 68.25
Parabolic System 68.13
Quarterly Trendline Resistance 67.55
Weekly Stochastic Crossing 67.32
Lower Bollinger Band 65.78
Quarterly Trendline Support 62.08
Sector and Industry
Description Name Rank
Sector Utilities 11
Industry Gas Utilities 81
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 70.90
Low Date 11/20/2025
High 71.17
High Date 11/21/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.90
Low Date 11/20/2025
High 71.17
High Date 11/21/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 64.02
Low Date 11/04/2025
High 71.17
High Date 11/21/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 67.55
Support 62.08
High 118.10
High Date 11/22/2024
Low 64.02
Low Date 11/04/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 132.89
Support 101.48
Low 12.16
Low Date 03/18/2020
High 118.10
High Date 11/22/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.