Andarko's most recent trend suggests a bearish bias. One trading opportunity on Andarko is a Bear Call Spread using a strike $85.00 short call and a strike $90.00 long call offers a potential 6.16% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $85.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock rose above the $90.00 long call 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Andarko
How Can Anadarko Fight Low U.S. Natural Gas Prices?
Wed, 05 Feb 2014 02:48:01 GMT
Motley Fool – By refocusing its investments globally, Anandarko is mitigating the near term risk of ongoing low natural gas prices in the U.S. Asset sales in Mozambique will help Anandarko to take advantage of new U.S. …
Anadarko's CEO Discusses Q4 2013 Results – Earnings Call Transcript
Tue, 04 Feb 2014 22:23:07 GMT
Seeking Alpha – Anadarko Petroleum Corporation. (APC) Q4 2013 Earnings Conference Call February 4, 2014 10:00 AM ET Executives John M. Colglazier – Vice President of Investor Relations & Communications R. A. Walker – …
Anadarko sees ruling in Tronox liabilities case as soon as spring
Tue, 04 Feb 2014 20:56:36 GMT
Reuters – Oil company Anadarko Petroleum Corp said on Tuesday a U.S. bankruptcy judge may hand down his final ruling this spring over hefty environmental liabilities it inherited in a 2006 acquisition that have …
PRESS DIGEST-New Zealand newspapers – Feb. 5
Tue, 04 Feb 2014 19:06:00 GMT
Reuters – Following are some of the lead stories from New Zealand metropolitan newspapers on Wednesday. Stories may be taken from either the paper or Internet editions of the papers. Reuters has not verified these …
Hard To Find Good Energy Sector Funds
Tue, 04 Feb 2014 17:15:00 GMT
Forbes – Despite the quality of stocks in the energy sector, ETF providers and fund managers are not offering quality funds. Even worse, they are charging disproportionately high fees for these low-quality funds. In my first quarter “Sector Rankings for ETFs and Mutual Funds” report, 76 out of 273 stocks held by energy […]
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