Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $91.00 short call and a strike $96.00 long call offers a potential 28.21% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $91.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock rose above the $96.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Andarko
Bakken Update: Synergy's Q3 Is Good, But Q4 Will Be Much Better
Mon, 11 Nov 2013 15:07:37 GMT
Seeking Alpha – Synergy ( SYRG ) is one of my top stock picks of 2013, and so far this year it hasn't disappointed. That is until 3Q earnings, where it beat on the top line but missed on the bottom. This could provide …
Mozambique Seeks Bigger Stake in Anadarko, Eni Gas Fields
Mon, 11 Nov 2013 00:00:00 GMT
Bloomberg – Mozambique’s national oil company plans to increase its share in fields operated by Anadarko Petroleum Corp. and Eni SpA as the country seeks a greater share of profit from the largest natural gas find …
Has EOG Resources Finally Spoiled Mr. Market?
Sun, 10 Nov 2013 18:00:05 GMT
Motley Fool – Even with results that blew away both year-ago numbers and analysts' expectations, EOG Resources took a hit from a market that may have come to expect too much from the company.
Anadarko Petroleum: An Overreaction to a Solid Operator
Sat, 09 Nov 2013 16:24:00 GMT
Motley Fool – With its earnings released on Monday and its conference call on Tuesday, Anadarko Petroleum's shares dipped about 1.5% between Friday and Tuesday. Did the market lend too much credence to tough-to-get-right …
A Look at Magnum Hunter Resources’ Solid Third-Quarter Results
Fri, 08 Nov 2013 18:43:56 GMT
Motley Fool – Magnum Hunter Resources delivered solid third-quarter results despite shut-in issues with getting gas to MarkWest’s Mobley Plant.
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