Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Piedmont Natural Gas Co., Inc. Stock Sees Short Interest Increase 10.5%
Thursday, February 27, 2:49 PM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 02/14/2014 ...
Notable Two Hundred Day Moving Average Cross - PNY
Thursday, March 6, 4:07 PM ET, by Market News Video Staff
In trading on Thursday, shares of Piedmont Natural Gas Co., Inc. (PNY) crossed below their ...
ONEOK Inc. Takes Over #327 Spot From Monster Beverage Corp
Thursday, March 13, 4:45 PM ET, by Market News Video Staff
In the latest look at the underlying components of the S&P 500 ordered by largest ...
PNY Named 'Top Dividend Stock of the Dow Utilities' at Dividend Channel With 3.7% Yield
Friday, March 14, 9:17 AM ET, by Market News Video Staff
Piedmont Natural Gas Co., Inc. (PNY) has been named as the ''Top Dividend Stock of ...
Ex-Dividend Reminder: Portland General Electric, Piedmont Natural Gas and Pembina Pipeline Corp
Wednesday, March 19, 10:28 AM ET, by Market News Video Staff
On 3/21/14, Portland General Electric Co. (POR), Piedmont Natural Gas Co., Inc.. ...
Oneok Inc. Stock Getting Very Overbought
By Energy Stock Channel Staff, Thursday, October 27, 11:52 AM ET
In trading on Thursday, shares of Oneok Inc. (NYSE:OKE) entered into overbought territory, changing hands as high as $76.30 per share. We define overbought territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be overbought if the RSI reading rises above 70.
In the case of Oneok Inc., the RSI reading has hit 71.6 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 60.0, the RSI of WTI Crude Oil is at 60.6, and the RSI of Henry Hub Natural Gas is presently 40.8.
A bearish investor could look at OKE's 71.6 reading as a sign that the recent heavy buying is in the process of exhausting itself, and shares are due for a pullback.
Looking at a chart of one year performance (below), OKE's low point in its 52 week range is $49.29 per share, with $76.30 as the 52 week high point — that compares with a last trade of $75.97. Oneok Inc. shares are currently trading up about 1.9% on the day.
According to the ETF Finder at ETF Channel, OKE makes up 3.77% of the Rydex S&P 500 Equal Weight Utilities ETF (AMEX:RYU) which is trading relatively unchanged on the day Thursday.
See what other ETFs contain OKE »
See what other stocks are held by RYU »
OKE operates in the Gas Utilities sector, among companies like WGL Holdings, Inc. (NYSE:WGL) which is up about 2.8% today, and Piedmont Natural Gas Co., Inc. (NYSE:PNY) trading higher by about 3.6%. Below is a three month price history chart comparing the stock performance of OKE, versus WGL and PNY.
Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO''
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors —
anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset
allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors,
commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow
the performance trail wherever it leads us.
This Article's Word Cloud: