NYSE trade advice (D): US Oil & Gas Production stock | 4-5% gain | USA stock trading idea on 18 Sep 2024

Date
September 18, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Trading Signals in US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • ONEOK
  • 93.5 – 94.5
  • 98.5 – 99
  • Below 92
  • 4% – 5%
  • 10 - 12 Days
  • Buy
    ONEOK
  • Buy
    Range
    93.5 – 94.5
  • Target
    98.5 – 99
  • Stoploss
    Below 92
  • Upside
    Potential
    4% – 5%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    ONEOK (NYSE: OKE) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • OKE
  • ONEOK
  • Oil & Gas Production
  • 93.88
  • 60.58
  • NYSE code OKE
  • Stock Name ONEOK
  • Sector Oil & Gas Production
  • 52 Weeks High 93.88
  • 52 Weeks Low 60.58
  • ONEOK (NYSE: OKE) vs NYSE - Relative Strength Comparison

    The image highlights ONEOK's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    OKE —   NYSE —

  • ONEOK (NYSE: OKE) - Technical Analysis (Daily)

    ONEOK - Technical Analysis chart on Daily Price and Volume
    ONEOK - Technical Analysis chart on Daily Price and Volume

    • The price is currently exhibiting a strong upward trend, consistently establishing higher highs and higher lows.
    • Following a much-anticipated breakthrough, the price is now trading at an all-time high.
    • It is anticipated that the price will maintain its upward trajectory and reach new peaks in the coming days.
  • ONEOK (NYSE: OKE) - RSI Indicator

    ONEOK stock analysis based on RSI indicator
    ONEOK - RSI indicator

    • Current RSI of this stock is 71.17, which indicates the strength of buyers.

  • ONEOK (NYSE: OKE) - ADX & DI Indicator

    ONEOK stock analysis based on ADX & DI indicator
    ONEOK - ADX & DI indicator

    • 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.

  • ONEOK (NYSE: OKE) - EMA Crossover

    ONEOK stock analysis based on EMA Crossover
    ONEOK - EMA Crossover

    • 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.

  • Conclusion - ONEOK (NYSE: OKE) Stock Price Forecast

    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.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments
    Join Our Telegram Channel for Saudi Stock Market Update
    Saudi Stock Analysis
    Join Our Telegram Channel for USA Stock Analysis Update

    Stoploss reached. Trade closed.

    6 days
    26 Sep 2024
    18 Sep 2024
    Loss per
    100,000 SAR
    6 days
    -1,604
    Stop-loss
    26 Sep 2024
    92
    Buy Advice
    18 Sep 2024
    93.5 – 94.5
    Target 1
    98.5
    Target 2
    99
    Profit per
    100,000 SAR
    -1,604
    92
    93.5 – 94.5
    98.5
    99
    6 days
    26 Sep 2024
    18 Sep 2024
    Loss per
    100,000 SAR
    6 days
    -1,604
    Stop-loss
    26 Sep 2024
    92
    Buy Advice
    18 Sep 2024
    93.5 – 94.5
    Target 1
    98.5
    Target 2
    99
    Profit per
    100,000 SAR
    -1,604
    92
    93.5 – 94.5
    98.5
    99
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • ONEOK
  • 93.5 – 94.5
  • 98.5 – 99
  • Below 92
  • 4% – 5%
  • 10 - 12 Days
  • Buy ONEOK
  • Buy
    Range
    93.5 – 94.5
  • Target 98.5 – 99
  • Stoploss Below 92
  • Upside
    Potential
    4% – 5%
  • Trade
    Duration
    10 - 12 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • ONEOK
  • 93.5 – 94.5
  • 98.5 – 99
  • Below 92
  • 4% – 5%
  • 10 - 12 Days
  • Buy
    ONEOK
  • Buy
    Range
    93.5 – 94.5
  • Target
    98.5 – 99
  • Stoploss
    Below 92
  • Upside
    Potential
    4% – 5%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    ONEOK (NYSE: OKE) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • OKE
  • ONEOK
  • Oil & Gas Production
  • 93.88
  • 60.58
  • NYSE code OKE
  • Stock Name ONEOK
  • Sector Oil & Gas Production
  • 52 Weeks High 93.88
  • 52 Weeks Low 60.58
  • Company profile

    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.

  • ONEOK (NYSE: OKE) vs NYSE - Relative Strength Comparison

    The image highlights ONEOK's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    OKE —   NYSE —

  • ONEOK (NYSE: OKE) - Technical Analysis (Daily)

    ONEOK - Technical Analysis chart on Daily Price and Volume
    ONEOK - Technical Analysis chart on Daily Price and Volume

    • The price is currently exhibiting a strong upward trend, consistently establishing higher highs and higher lows.
    • Following a much-anticipated breakthrough, the price is now trading at an all-time high.
    • It is anticipated that the price will maintain its upward trajectory and reach new peaks in the coming days.
  • ONEOK (NYSE: OKE) - RSI Indicator

    ONEOK stock analysis based on RSI indicator
    ONEOK - RSI indicator

    • Current RSI of this stock is 71.17, which indicates the strength of buyers.

  • ONEOK (NYSE: OKE) - ADX & DI Indicator

    ONEOK stock analysis based on ADX & DI indicator
    ONEOK - ADX & DI indicator

    • 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.

  • ONEOK (NYSE: OKE) - EMA Crossover

    ONEOK stock analysis based on EMA Crossover
    ONEOK - EMA Crossover

    • 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.

  • Conclusion - ONEOK (NYSE: OKE) Stock Price Forecast

    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.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for USA Stock Market Update

    USA Stock Analysis

    Details of Arijit Banerjee

    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