Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $76.50 short call and a strike $81.50 long call offers a potential 17.1% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $76.50 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock rose above the $81.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Andarko is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Andarko is bearish.
The RSI indicator is at 25.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Andarko
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Fri, 10 Jul 2015 13:14:00 GMT
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Anadarko Schedules Second-Quarter 2015 Earnings Conference Call for July 29
Wed, 08 Jul 2015 19:17:05 GMT
noodls – HOUSTON, July 8, 2015 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) will host a conference call on Wednesday, July 29, 2015, at 8 a.m. CDT (9 a.m. EDT) to discuss its second-quarter 2015 financial …
Anadarko Schedules Second-Quarter 2015 Earnings Conference Call for July 29
Wed, 08 Jul 2015 19:10:00 GMT
PR Newswire – HOUSTON, July 8, 2015 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) will host a conference call on Wednesday, July 29, 2015, at 8 a.m. CDT (9 a.m. EDT) to discuss its second-quarter 2015 financial …
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