Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $82.50 short call and a strike $87.50 long call offers a potential 13.9% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $82.50 by expiration. The full premium credit of $0.61 would be kept by the premium seller. The risk of $4.39 would be incurred if the stock rose above the $87.50 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Andarko
2 Controversial Energy Concerns To Buy Now
Thu, 19 Dec 2013 14:52:41 GMT
Seeking Alpha – The market has had a huge run in 2013 and it is getting harder and harder to find relative bargains in equities after the ~25% rally in the overall market this year. However, I still like the energy sector …
Anadarko Petroleum – With Blood In The Streets It Is Time To Take Action
Thu, 19 Dec 2013 14:28:49 GMT
Seeking Alpha – Shares of Anadarko Petroleum ( APC ) took a serious beating on the final trading day of the past week. A judge ordered the company to pay anything between $5.2 and $14.2 billion related to past cleanup …
Anadarko Gets $9 Billion Cheaper for Takeover: Real M&A
Wed, 18 Dec 2013 14:39:53 GMT
Bloomberg – Anadarko Petroleum Corp.’s legal troubles likely haven’t tarnished its allure for acquirers. Instead, it’s helped make the oil producer $9 billion cheaper.
Analysts' Actions: AVP EE GPN JBL RAX
Wed, 18 Dec 2013 13:41:00 GMT
TheStreet – Here are today's top research calls.
The Zacks Analyst Blog Highlights: Chevron, Anadarko Petroleum, Marathon Oil, Encana and Cabot Oil & Gas
Wed, 18 Dec 2013 11:49:27 GMT
Zacks – The Zacks Analyst Blog Highlights: Chevron, Anadarko Petroleum, Marathon Oil, Encana and Cabot Oil & Gas
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