APA CORP (APA) Stock Technical Analysis
USA - NASDAQ:APA - US03743Q1085 - Common Stock
Taking everything into account, APA scores 7 out of 10 in our technical rating. 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.
Although APA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.63
We found 4 important support areas.
- A support zone ranging from 24.36 to 24.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.90 to 23.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.40 to 21.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.83 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @24.69 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 25.12 to 25.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The short term trend for APA is up. |
| ChartMill Relative Strength | 77.33 | POSITIVE | APA has a high relative strength, it outperformed 77.33% 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) | 59.97 | NEUTRAL | The RSI value for APA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests APA has a positive trend. |
| Stochastics (14,3) | 81 | OVERBOUGHT | The high Stochastics value suggests APA may be overbought. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for APA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for APA suggests a weak or negative trend. |
24.59
+0.24 (+0.99%)
APA CORP / APA FAQ
Can you provide the ChartMill technical rating for APA CORP?
ChartMill assigns a technical rating of 7 / 10 to APA.
What is the current trend direction of APA CORP (APA) stock?
The current trend direction for APA CORP (APA) is Bullish.
Can you provide the RSI signal for APA CORP?
APA CORP (APA) has an RSI value of 59.9664. This indicates that the stock is currently neutral.
What is the MACD signal for APA stock?
The MACD indicator for APA CORP (APA) has a value of 0.197774, indicating a bearish trend.
Can you provide the buy/sell signal for APA CORP?
The buy/sell signal for APA CORP (APA) is buy as both the short term and long term trends are positive.