Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 10.38% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock rose above the $60.00 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 below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Andarko
Anadarko, Noble, developer and builders named in suit over fatal Firestone explosion
Mon, 15 May 2017 23:46:42 +0000
Colorado’s two biggest oil and gas companies, Anadarko Petroleum Corp. and Noble Energy Inc., were named in a lawsuit filed Monday seeking damages on behalf of a family living near the Firestone home that exploded, killing two men, on April 17. The nine-page suit, case number CV-30382 filed in Weld County, also names the developer, St-Firestone LLC, based in Loveland, and two builders of homes in the Oak Meadows subdivision where the home that exploded, at 6312 Twilight Ave., was located. The two builders named in the suit were Hearth at Oak Meadows LLC and CC Communities LLC of Greenwood Village.
Anadarko Petroleum's top local exec is leaving Colorado
Mon, 15 May 2017 23:43:54 +0000
Anadarko Petroleum Corp.’s top executive in Colorado has been promoted and will moved from the oil and gas giant's Denver offices to Houston. Brad Holly's exit from the market is not related to last month's fatal home explosion in Weld County that investigators determined was caused by gas leaking from an underground Anadarko flow line, a company spokesman said. Craig Walters, Anadarko’s vice president for the Denver-Julesberg Basin since November 2014, now will be the company’s top oil and gas operations executive in Denver.
Lifshitz & Miller LLP Announces Investigation of Anadarko Petroleum Corporation, DryShips Inc., ImmunoCellular Therapeutics, Ltd., KBR, Inc., Sunesis Pharmaceuticals, Inc., Sunrun Inc. and Vince Holding Corp.
Mon, 15 May 2017 23:08:00 +0000
NEW YORK, May 15, 2017 /PRNewswire/ — Anadarko Petroleum Corporation (APC) Lifshitz & Miller announces investigation on behalf of APC investors concerning whether APC failed to maintain adequate safety …
IMPORTANT EQUITY ALERT: Khang & Khang LLP Announces a Securities Class Action Lawsuit against Anadarko Petroleum Corporation and Encourages Investors with Losses to Contact the Firm
Mon, 15 May 2017 18:36:00 +0000
IRVINE, CA / ACCESSWIRE / May 15, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Anadarko Petroleum Corporation (“Anadarko” or the “Company”) …
Glancy Prongay & Murray Announces the Filing of a Securities Class Action on Behalf of Anadarko Petroleum Corporation Investors and Encourages Investors to Contact the Firm
Mon, 15 May 2017 17:48:00 +0000
Glancy Prongay & Murray LLP announces that a class action lawsuit has been filed on behalf of investors who purchased Anadarko Petroleum Corporation securities between February 17, 2016 and May 2, 2017, inclusive .
Related Posts
Also on Market Tamer…
Follow Us on Facebook