APA CORP (APA) Stock Technical Analysis
NASDAQ:APA - Nasdaq - US03743Q1085 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to APA. In the past year, APA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than APA.
APA is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 70% of 211 stocks in the same industry do better.
APA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
APA has an average volume of 8058700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month APA has a been trading in the 17.03 - 21.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
APA has a poor technical rating and the quality of the setup is also not perfect 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
17.41
22.82
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.09 to 18.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.59 to 17.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
4 important resistance areas can be observed.
- Resistance @20.23 from a trend line in the weekly time frame.
- Resistance @20.58 from a trend line in the daily time frame.
- A resistance zone ranging from 21.01 to 21.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.59 from a trend line 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 | DOWN | NEGATIVE | The long term trend for APA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APA is neutral. |
| ChartMill Relative Strength | 17.75 | NEGATIVE | APA has a low relative strength, it was outperformed by 82.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of APA is below 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) | DOWN | NEGATIVE | The current price of APA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.89 | NEUTRAL | The RSI value for APA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests APA has a negative trend. |
| Stochastics (14,3) | 19.43 | OVERSOLD | The low Stochastics value suggests APA may be oversold. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for APA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.62 | NEUTRAL | The ADX value for APA suggests a possible start of a new trend. |
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)
18.29
-0.27 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.45%
1 Week-0.54%
2 Weeks-12.95%
1 Month7.52%
3 Month20.49%
6 Month-21.9%
12 Month-36.05%
2 Year-46.47%
3 Year-47.59%
5 Year35.48%
10 Year-68.26%
15 Year-78.28%
Volatility
ATR(14)0.89
ATR(20)%4.73%
ATR Inc-44.94%
Range Today0.43
ADR(20)0.82
ADR(20)%4.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.75
Mansfield-2.42
10 Day High21.33
10 Day Low17.74
20 Day High21.33
20 Day Low17.03
52 Week High33.41
52 Week Low13.58
CS1 End18.02
CR1 Start20.62
Volume & EV
DER(3)-0.46%
DER(5)-0.54%
Volume5.27M
Volume Incr-12.05%
Vol(5)7.38M
Vol(50)8.06M