Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 10.13% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.46 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock rose above the $92.50 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 26.18 level which suggests that the stock is neither overbought nor oversold at this time.
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
APC Stock Crowded With Sellers
Tue, 10 Dec 2013 21:06:00 GMT
Forbes – In trading on Tuesday, shares of Anadarko Petroleum Corp (NYSE: APC) entered into oversold territory, changing hands as low as $85.33 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to […]
PRESS DIGEST-New Zealand newspapers – Dec. 10
Mon, 09 Dec 2013 18:51:30 GMT
Reuters – Following are some of the lead stories from New Zealand metropolitan newspapers on Tuesday. Stories may be taken from either the paper or Internet editions of the papers. Reuters has not verified these …
RBC Capital Markets Director in Top 10 Equity Analyst Interviews of 2013: MLP Return Predictions Reward Investors
Fri, 06 Dec 2013 20:32:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – December 6, 2013 – The Wall Street Transcript has just published its Top Ten Equity Analyst Interviews 2013 Report. This special feature contains expert industry commentary through …
Anadarko to Present at Upcoming Energy Conferences
Thu, 05 Dec 2013 21:10:46 GMT
noodls – HOUSTON, TX — (Marketwired) — 12/05/13 — Anadarko Petroleum Corporation (NYSE: APC) today announced that Bob Daniels, Executive Vice President, International and Deepwater Exploration, will present …
Anadarko to Present at Upcoming Energy Conferences
Thu, 05 Dec 2013 21:00:00 GMT
Marketwired – Anadarko Petroleum Corporation today announced that Bob Daniels, Executive Vice President, International and Deepwater Exploration, will present at the Wells Fargo Securities 2013 Energy Symposium on Wed, …
Related Posts
Also on Market Tamer…
Follow Us on Facebook