Apache's most recent trend suggests a bearish bias. One trading opportunity on Apache is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 15.47% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $4.33 would be incurred if the stock rose above the $92.50 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 40.99 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Apache
1 Telling Sign Chevron Will Say Yes to More LNG
Fri, 17 Jan 2014 18:33:56 GMT
Motley Fool – Since Chevron and Apache just hired Fluor to do the engineering and design work for Kitimat, we can assume that it is going to happen, right?
Apache Launches New Media And Investor Center Mobile Application
Fri, 17 Jan 2014 13:52:05 GMT
noodls – Download PDF HOUSTON, Jan. 17, 2014 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) announced today the launch of its new Media and Investor Center (MIC) mobile application, a resource for media …
Apache Launches New Media And Investor Center Mobile Application
Fri, 17 Jan 2014 13:30:00 GMT
PR Newswire – HOUSTON, Jan. 17, 2014 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) announced today the launch of its new Media and Investor Center (MIC) mobile application, a resource for media and investors …
Why the Eagle Ford Was the Hottest Shale Play of 2013
Fri, 17 Jan 2014 11:28:26 GMT
Motley Fool – Thanks to its high oil content and attractive economics, Texas’ Eagle Ford attracted more M&A investment last year than any other U.S. shale play.
‘Fast Money' Recap: Selling Best Buy
Fri, 17 Jan 2014 10:00:00 GMT
TheStreet – The trading panel discussed what happened to the retailer and how to trade the stock now.
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