Apache's most recent trend suggests a bearish bias. One trading opportunity on Apache is a Bear Call Spread using a strike $47.00 short call and a strike $52.00 long call offers a potential 33.69% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.00 by expiration. The full premium credit of $1.26 would be kept by the premium seller. The risk of $3.74 would be incurred if the stock rose above the $52.00 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 26.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Apache
APACHE CORP Files SEC form 8-K, Change in Directors or Principal Officers
Tue, 28 Jul 2015 20:47:23 GMT
Stocks down, volatility up
Mon, 27 Jul 2015 18:33:00 GMT
Lightning Round: Perfect domestic stock to own
Wed, 22 Jul 2015 23:28:03 GMT
At U.S. Capitol, Arizona Apaches protest planned copper mine
Tue, 21 Jul 2015 19:30:34 GMT
Reuters – UK Focus – Scores of Native American demonstrators protested at the U.S. Capitol on Tuesday against a proposed $6 billion copper mine in Arizona at a site that members of the Apache (NYSE: APA – news) tribe say is sacred. Members of the San Carlos Apache tribe began a cross-country caravan to Washington this month to persuade Congress to save the area known as the Oak Flat campground near Superior, Arizona. The group of Native Americans, called Apache Stronghold, hopes to get lawmakers to repeal a land exchange that paves the way for the project by Resolution Copper Mining.
Apache (APA) Hits 52-Week Low: Should You Buy Now or Wait? – Analyst Blog
Mon, 20 Jul 2015 19:27:07 GMT
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