Apache's most recent trend suggests a bearish bias. One trading opportunity on Apache is a Bear Call Spread using a strike $105.00 short call and a strike $115.00 long call offers a potential 6.16% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $105.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $9.42 would be incurred if the stock rose above the $115.00 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 37.34 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Apache
APACHE CORP Files SEC form 8-K, Change in Directors or Principal Officers
Wed, 13 Aug 2014 21:02:47 GMT
Apache Appoints New Vice President Of Investor Relations
Wed, 13 Aug 2014 21:00:00 GMT
PR Newswire – HOUSTON, Aug. 13, 2014 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) announced today the appointment of Gary T. Clark to the role of vice president of Investor Relations. Clark joins Apache from Chesapeake Energy Corporation, where he was the vice president of investor relations and research. “In the second quarter of this year, we initiated a search to identify the investor relations officer in our industry best positioned to take Apache's interaction with our equity stakeholders to a new level,” said Alfonso Leon, executive vice president and chief financial officer at Apache. His buy-side experience includes serving as senior securities analyst with the State Teachers Retirement System of Ohio and co-portfolio manager with Dynamis Advisors, LLC. On the sell-side, his experience includes serving as senior exploration and production (E&P) coverage research analyst with Stifel, Nicolaus & Company, Inc., where he was selected by the Wall Street Journal's Best on the Street ranking as one of the nine “home-run hitters” across all sectors and firms.
Critical Alerts For Tesla Motors, Bitauto, Glu Mobile, Dollar Tree and Apache Corporation. Released By InvestorsObserver
Wed, 13 Aug 2014 13:31:00 GMT
PR Newswire – CHICAGO, Aug. 13, 2014 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for TSLA, BITA, GLUU, DLTR and APA. To see what our analysts have discovered about a particular stock, read the …
Texas energy company worker killed in Egypt
Sun, 10 Aug 2014 18:45:20 GMT
Texas energy company worker killed in Egypt
Sun, 10 Aug 2014 18:45:20 GMT
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