Oneok Partners L Bond Technical Analysis

68268NAP8   102.91  2.95  2.95%   
As of the 4th of December, ONEOK holds the Mean Deviation of 0.1991, downside deviation of 0.2199, and Risk Adjusted Performance of 0.0586. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of ONEOK, as well as the relationship between them.

ONEOK Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ONEOK, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ONEOK
  
ONEOK's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
ONEOK technical bond analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, bond market cycles, or different charting patterns.
A focus of ONEOK technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ONEOK trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

ONEOK PARTNERS L Trend Analysis

Use this graph to draw trend lines for ONEOK PARTNERS L. You can use it to identify possible trend reversals for ONEOK as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ONEOK price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ONEOK Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ONEOK PARTNERS L applied against its price change over selected period. The best fit line has a slop of    , which means ONEOK PARTNERS L will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.34, which is the sum of squared deviations for the predicted ONEOK price change compared to its average price change.

About ONEOK Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ONEOK PARTNERS L on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ONEOK PARTNERS L based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on ONEOK PARTNERS L price pattern first instead of the macroeconomic environment surrounding ONEOK PARTNERS L. By analyzing ONEOK's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ONEOK's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ONEOK specific price patterns or momentum indicators. Please read more on our technical analysis page.

ONEOK December 4, 2024 Technical Indicators

Most technical analysis of ONEOK help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ONEOK from various momentum indicators to cycle indicators. When you analyze ONEOK charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Other Information on Investing in ONEOK Bond

ONEOK financial ratios help investors to determine whether ONEOK Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ONEOK with respect to the benefits of owning ONEOK security.