Oneok Inc Stock Technical Analysis

OKE Stock  USD 117.05  0.30  0.26%   
As of the 23rd of November, ONEOK holds the Risk Adjusted Performance of 0.2434, semi deviation of 1.27, and Mean Deviation of 1.09. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of ONEOK, as well as the relationship between them. Please check ONEOK Inc variance, as well as the relationship between the maximum drawdown and semi variance to decide if ONEOK Inc is priced more or less accurately, providing market reflects its current price of 117.05 per share. Given that ONEOK has jensen alpha of 0.3952, we recommend you to check out ONEOK Inc's recent market performance to make sure the company can sustain itself at some point in the future.

ONEOK Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ONEOK, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ONEOK
  
ONEOK's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

ONEOK Analyst Consensus

Target PriceAdvice# of Analysts
73.63Buy18Odds
ONEOK Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most ONEOK analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ONEOK stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ONEOK Inc, talking to its executives and customers, or listening to ONEOK conference calls.
ONEOK Analyst Advice Details
ONEOK technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ONEOK technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ONEOK trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

ONEOK Inc Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ONEOK Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ONEOK Inc Trend Analysis

Use this graph to draw trend lines for ONEOK Inc. You can use it to identify possible trend reversals for ONEOK as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ONEOK price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ONEOK Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ONEOK Inc applied against its price change over selected period. The best fit line has a slop of   0.35  , which may imply that ONEOK Inc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 4689.68, which is the sum of squared deviations for the predicted ONEOK price change compared to its average price change.

About ONEOK Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ONEOK Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ONEOK Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ONEOK Inc price pattern first instead of the macroeconomic environment surrounding ONEOK Inc. By analyzing ONEOK's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ONEOK's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ONEOK specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.06360.05410.0402
Price To Sales Ratio1.591.922.02

ONEOK November 23, 2024 Technical Indicators

Most technical analysis of ONEOK help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ONEOK from various momentum indicators to cycle indicators. When you analyze ONEOK charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

ONEOK November 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ONEOK stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for ONEOK Stock analysis

When running ONEOK's price analysis, check to measure ONEOK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.
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