Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $89.50 short call and a strike $94.50 long call offers a potential 20.19% 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 $89.50 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock rose above the $94.50 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 25.67 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, 08 May 2015 17:08:37 GMT
Anadarko to Participate in Upcoming Energy Conferences
Fri, 08 May 2015 16:36:45 GMT
noodls – HOUSTON, May 8, 2015 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) today announced that Bob Daniels, Executive Vice President, International and Deepwater Exploration, will participate in …
Anadarko to Participate in Upcoming Energy Conferences
Fri, 08 May 2015 15:37:00 GMT
PR Newswire – HOUSTON, May 8, 2015 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) today announced that Bob Daniels, Executive Vice President, International and Deepwater Exploration, will participate in …
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