APA CORP (APA) Technical Analysis
NASDAQ:APA • US03743Q1085
Current stock price
42.04 USD
+0.69 (+1.67%)
At close:
42.12 USD
+0.08 (+0.19%)
After Hours:
APA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to APA. Both in the recent history as in the last year, APA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that APA is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by APA over the past year are nicely spread over this period.
- APA is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. APA outperforms 91% of them.
- APA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so APA is leading the market.
- APA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- APA has an average volume of 8895090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
APA Weekly and Daily overview Charts
APA Setup Rating and Analysis
Although APA has an excellent technical rating, the quality of the presented setup is not ideal 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
APA Support and Resistance Analysis
26.10
42.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.34 to 42.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.35 from a trend line in the daily time frame.
- Support @26.36 from a trend line in the daily time frame.
APA Technical Indicator Signal Analysis
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 | 96.68 | POSITIVE | APA has a high relative strength, it outperformed 96.68% 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) | 71.14 | OVERBOUGHT | The high RSI value suggests APA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests APA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.69 | NEUTRAL | The Stochastics value for APA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for APA suggests some volalility. |
| Average Directional Index/ADX (14) | 52.64 | POSITIVE | The high ADX value value for APA suggests a strong trend. |
APA Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
APA Technicals: Chart, Performance Metrics, Trend & Indicators
42.04
+0.69 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.67%
1 Week-1.78%
2 Weeks10.46%
1 Month29.83%
3 Month65.77%
6 Month71.31%
12 Month176.94%
2 Year33.72%
3 Year14.08%
5 Year110.2%
10 Year-22.72%
15 Year-68.48%
Volatility
ATR(14)2
ATR(20)%4.28%
ATR Inc37.98%
Range Today2.94
ADR(20)1.7
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.68
3 months CRS98.03
6 months CRS96.99
Mansfield7.48
10 Day High45.66
10 Day Low37.64
20 Day High45.66
20 Day Low31.52
52 Week High45.66
52 Week Low13.58
CS1 End42.03
CR1 StartN/A
Volume & EV
DER(3)0.33%
DER(5)1.13%
Volume9.89M
Volume Incr20.33%
Vol(5)12.39M
Vol(50)8.90M
APA CORP / APA TA FAQ
Can you provide the ChartMill technical rating for APA CORP?
ChartMill assigns a technical rating of 10 / 10 to APA.
What is the trend direction for APA stock?
The current trend direction for APA CORP (APA) is Bullish.
What is the RSI signal for APA stock?
APA CORP (APA) has an RSI value of 71.1402. This indicates that the stock is currently overbought.
What is the MACD signal for APA CORP (APA) stock?
The MACD indicator for APA CORP (APA) has a value of 0.128702, indicating a bearish trend.
What is the buy/sell signal for APA stock?
The buy/sell signal for APA CORP (APA) is buy as both the short term and long term trends are positive.