Let's check out the charts of OKE and see what the technicals look like.
In the daily bar chart of OKE, below, we can see that the shares rebounded from a new low for the move down in September. OKE turned upward above the 50-day moving average line and then above the 200-day line.
Trading volume has remained light the entire time and the On-Balance-Volume (OBV) line shows only a slight rise from late January. The Moving Average Convergence Divergence (MACD) oscillator has been weakening from the middle of December but could turn up or down as the two moving averages that make up the indicator are very close.