Show

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Oneok, Inc. stock price slid 3.1% on Tuesday and continued with the decline that started last week.&nbsp;&nbsp;&nbsp;</a> </li> 
 <li> <span>2</span> <a>Oneok, Inc.’s share price slumped below the 50-day EMA indicating weakness in the short term.&nbsp;</a> </li> 
 <li> <span>3</span> <a>The daily chart shows a neutral to bullish trend in the OKE stock.</a> </li> 
</ul> 
<p>OKE stock price delivers a sideways to the bullish trend. The OKE stock price has been forming a new high each time. However, the price has not been able to form a new higher low indicating the bears are still active at the upper levels and are attempting to dominate the price trend.&nbsp;</p> 
<p>The price trend analysis elaborates that the stock had undergone a major trend change in the last quarter bottoming out near the $55 level and shifting the trend from bearish to bullish. The price surged above the key moving average.<br><br>However, the Oneok price could not continue with the trend in the current quarter and shows volatility over the charts. Analysts observe that the stock might be forming the base for the further trend continuation. The long-term trend is bullish until the price trades above the previous breakout zone.&nbsp;</p> 
<p>Analysts offering a 1-year price forecast for Oneok stock have a maximum bullish outlook of more than 25% that could lead the price to a high of $81. The analysts have an average outlook of 12.8% and a bearish outlook of 2.3% which could drag the price to a low of $63.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="547" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-888-1024x547.png" alt="" class="wp-image-171629" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-888-1024x547.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-888-300x160.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-888-768x410.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-888-750x400.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-888-1140x609.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-888.png 1457w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: barchart.com 
  </figcaption> 
 </figure> 
</div> 
<p><a href="https://www.thecoinrepublic.com/2023/08/09/oneok-stock-price-prediction-will-oke-break-the-200-sma/" rel="noopener noreferrer nofollow">Oneok stock</a> derivatives’ data analysis states that the current implied volatility in the market is 25.3% with an increment of 1.63% in the last trading session. The at-the-money strike price of $65 has 865 open contracts on the put side and 1,844 open contracts on the call side indicating the dominance of sellers at the CMP.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-oneok-stock-price-shows-volatility-over-1-d-timeframe-strong"><strong>Oneok Stock Price Shows Volatility Over 1-D Timeframe&nbsp;</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="456" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-887-1024x456.png" alt="" class="wp-image-171628" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-887-1024x456.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-887-300x134.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-887-768x342.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-887-1536x684.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-887-750x334.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-887-1140x508.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-887.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: OKE 1D. NYSE By <a href="https://www.tradingview.com/x/3wB4g70u/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>Currently, Oneok Inc. stock price trades at $64.48 and has slipped below the 50-day EMA in the last trading session. The OKE stock shows the continuation of the decline that started in the last week. The price has lost more than 6% in the last week and might continue to decline in Wednesday’s session.&nbsp;</p> 
<p>The stock has immediate support at the $63 level and 200-EMA on the downside that might try to halt the decline as the price nears it. The long-term trend is optimistic and the price might get buyers support at the lower levels to surge higher.</p> 
<h3 class="wp-block-heading" id="strong-technical-indicators-show-volatility-in-the-short-term-strong"><strong>Technical Indicators Show Volatility in the Short-Term</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="456" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-886-1024x456.png" alt="" class="wp-image-171627" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-886-1024x456.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-886-300x134.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-886-768x342.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-886-1536x684.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-886-750x334.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-886-1140x508.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-886.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: OKE 1D. NYSE By <a href="https://www.tradingview.com/x/3wB4g70u/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>The technical indicators including RSI and MACD opinion rating for the OKE stock is a 32% “buy” with the weakest short-term outlook on maintaining the current trend.&nbsp;&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/08/09/oneok-stock-price-prediction-will-oke-break-the-200-sma/" target="_blank" rel="noopener noreferrer nofollow">Oneok stock price</a> shows a bullish trend with new highs but also faces resistance from bears at the upper levels. The stock changed its trend from bearish to bullish in the last quarter but shows volatility in the current quarter. Analysts expect the stock to continue its bullish trend in the long term, with a maximum target of $81. The stock trades at $64.48 and has fallen below the 50-day EMA. The stock has support at $63 and 200-EMA, where buyers may emerge.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support levels:</strong> $63.07 and $61.67.</li> 
 <li><strong>Resistance levels:</strong> $66.86 and $68.62.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Oneok Stock Price Prediction: Can OKE Stock Slump Below 200 EMA?

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