Apache's most recent trend suggests a bearish bias. One trading opportunity on Apache is a Bear Call Spread using a strike $100.00 short call and a strike $105.00 long call offers a potential 6.84% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $100.00 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock rose above the $105.00 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 33.89 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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