USA - NASDAQ:APA - US03743Q1085 - Common Stock
Overall APA gets a technical rating of 7 out of 10. Although APA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
APA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.94, a Stop Loss order could be placed below this zone.
19.83
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for APA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APA is neutral. |
| ChartMill Relative Strength | 75.59 | POSITIVE | APA has a high relative strength, it outperformed 75.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of APA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of APA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of APA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.89 | NEUTRAL | The RSI value for APA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests APA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.88 | NEUTRAL | The Stochastics value for APA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for APA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for APA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.13 | 23.05 | 2.08 (8.28%) | 12.08% |
| An entry @25.13. This is a Buy Stop order right above the resistance zone. | An exit @23.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.08 points, which is 8.28%. | When investing 12.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
23.95
+0.57 (+2.44%)
ChartMill assigns a technical rating of 7 / 10 to APA.
The current trend direction for APA CORP (APA) is Bullish.
APA CORP (APA) has an RSI value of 51.8857. This indicates that the stock is currently neutral.
The MACD indicator for APA CORP (APA) has a value of 0.0220599, indicating a bearish trend.