- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
ONEOK, Inc. specializes in the gathering, processing, and transportation of natural gas and NGLs across the U.S. It operates in four main areas: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. The company owns pipelines and processing plants mainly in the Mid-Continent and Rocky Mountain regions, offering midstream services to NGL producers. It has extensive pipeline networks in several states, along with storage facilities in Kansas, Nebraska, Iowa, and Illinois. ONEOK also transports refined products like gasoline and diesel, and manages loading facilities linked to its NGL operations. Additionally, it handles natural gas transport and storage through regulated pipelines and facilities. The company also owns a parking garage in Tulsa and leases office space and rail cars. Serving a diverse clientele, including exploration companies and utilities, ONEOK was founded in 1906 and is based in Tulsa, Oklahoma.
OKE —  NYSE —
Current RSI of this stock is 71.17, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our stock trading advice in United States, ONEOK stock price target will be USD 98.5 - USD 99 in the next 10-12 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website
