Andarko's most recent trend suggests a bullish bias. One trading opportunity on Andarko is a Bull Put Spread using a strike $48.50 short put and a strike $43.50 long put offers a potential 22.55% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.50 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $4.08 would be incurred if the stock dropped below the $43.50 long put 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 up which suggests that the medium-term momentum for Andarko is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought 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
3 Top Oil Stocks for Falling Crude-Oil Inventories
Mon, 02 Oct 2017 12:16:00 +0000
The sun may be rising on a new oil bull market. Here are three stocks to consider.
Sell CHK Stock – Chesapeake Gains are Just a Head Fake
Sun, 01 Oct 2017 13:19:00 +0000
Sadly, for long-term proponents and shareholders of Chesapeake Energy Corporation (NYSE:CHK), it’s a point that rings all too familiar. CHK stock has shed a gut-wrenching 38% year-to-date. Similar tales abound for CHK competitors, such as Anadarko Petroleum Corporation (NYSE:APC) and Marathon Oil Corporation (NYSE:MRO).
Oil Prices: Next Stop $85 a Barrel?
Sat, 30 Sep 2017 14:47:00 +0000
With crude recently entering a new bull market, analysts are turning decidedly bullish.
Ghana Doubles Energy Revenue With Increased Oil Production
Thu, 28 Sep 2017 16:00:00 +0000
Increased oil production in Ghana is boosting energy sector revenues and helping shore up finances after three years of sluggish economic growth
See what the IHS Markit Score report has to say about Anadarko Petroleum Corp.
Wed, 27 Sep 2017 12:03:00 +0000
This could indicate that investors who seek to profit from falling equity prices are not currently targeting APC. Over the last one-month, outflows of investor capital in ETFs holding APC totaled $3.91 billion.
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