ONEOK Partners Technical Analysis (NYSE:OKS)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The ONEOK Partners stock price data and volume are plotted in OKS stock charts and these trading charts form the basis of technical analysis.
See ONEOK Partners bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of ONEOK Partners stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
ONEOK Partners Moving Average
Moving averages show the average price of OKS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for ONEOK Partners are mostly signals of long term trends and will help long term traders.
ONEOK Partners Bollinger Bands
Bollinger bands comprise of a center line usually OKS SMA, and two OKS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of ONEOK Partners bollinger bands.
ONEOK Partners Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The ONEOK Partners MACD line is below the signal line.
ONEOK Partners Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of OKS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.