Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $108.00 short call and a strike $113.00 long call offers a potential 21.95% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $108.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock rose above the $113.00 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 at 40.33 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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Mon, 08 Sep 2014 20:02:00 GMT
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Mon, 08 Sep 2014 16:59:00 GMT
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Mon, 08 Sep 2014 16:15:00 GMT
Marketwired – Anadarko Petroleum Corporation today announced that Ernie Leyendecker, Sr. Vice President, Gulf of Mexico Exploration, will present at the 2014 UBS Houston Energy Bus-less Tour on Thursday, Sept. 18, 2014 …
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