Andarko's most recent trend suggests a bullish bias. One trading opportunity on Andarko is a Bull Put Spread using a strike $91.00 short put and a strike $86.00 long put offers a potential 24.07% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $91.00 by expiration. The full premium credit of $0.97 would be kept by the premium seller. The risk of $4.03 would be incurred if the stock dropped below the $86.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Andarko is bullish and the probability of a rise 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 at 56.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Andarko
Judge approves Anadarko’s record $5.15 billion environmental settlement
Tue, 11 Nov 2014 23:01:40 GMT
[$$] Judge Approves Anadarko Settlement Over Tronox
Tue, 11 Nov 2014 18:11:34 GMT
Why crude could rise with refinery input demand
Tue, 11 Nov 2014 17:00:24 GMT
Anadarko Petroleum (APC) Stock Higher Today After Court Approves $5.15 Billion Cleanup Deal
Tue, 11 Nov 2014 13:29:00 GMT
Anadarko bulls are keeping the faith
Tue, 11 Nov 2014 11:16:53 GMT
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