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Cboe BZX Real-Time Last Sale USD
Today's Change
Volume
Price Quote as of

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After Yesterday's Decline of 2.67%, Oneok Inc Offers Investors Better Value

Comtex SmarTrend(R) - Thu Aug 13, 12:13PM CDT

Oneok Inc (NYSE:OKE) traded in a range yesterday that spanned from a low of $29.08 to a high of $29.97. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $29.65 on volume of 1.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Oneok Inc has traded in a range of $12.16 to $78.48 and is now at $29.24, 140% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has declined 1.4%.

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.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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