Apache's most recent trend suggests a bearish bias. One trading opportunity on Apache is a Bear Call Spread using a strike $99.00 short call and a strike $104.00 long call offers a potential 10.62% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $99.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock rose above the $104.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Apache 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 Apache is bearish.
The RSI indicator is at 36.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Apache
Cramer: Time to Look at Oils Again
Mon, 08 Sep 2014 20:02:00 GMT
Apache Launches 2014 Sustainability Website
Wed, 03 Sep 2014 20:30:00 GMT
PR Newswire – HOUSTON, Sept. 3, 2014 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) has launched its 2014 Sustainability Report website. The online report features expanded disclosure of Apache's performance …
Apache CEO says LNG assets may be included in spin out
Wed, 03 Sep 2014 12:32:58 GMT
Apache Corporation To Host Fall 2014 North American Update On Nov. 20 In New York; Presentation To Be Webcast At www.apachecorp.com At 9 A.M. Eastern Time
Wed, 03 Sep 2014 12:30:00 GMT
PR Newswire – HOUSTON, Sept. 3, 2014 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) will host its Fall 2014 North American Update on Nov. 20, 2014, in New York. The presentation will be webcast on the company's …
Must-know: Apache’s placement compared to its peers
Mon, 25 Aug 2014 21:00:09 GMT
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