APA CORP (APA) Technical Analysis
NASDAQ:APA • US03743Q1085
Current stock price
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.
- Looking at the yearly performance, APA did better than 95% of all other stocks. On top of that, APA also shows a nice and consistent pattern of rising prices.
- APA is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. APA outperforms 92% of them.
- APA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so APA is lagging the market slightly.
- APA has an average volume of 8990100 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 33.43 - 45.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
APA Weekly and Daily overview Charts
APA Setup Rating and Analysis
Besides having an excellent technical rating, APA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 38.44. Right above this resistance zone may be a good entry point.
More info and screens
APA Support and Resistance Analysis
33.17
We found 3 important support areas.
- A support zone ranging from 37.06 to 37.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.46 to 35.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.50 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 38.44 to 39.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 95.2 | POSITIVE | APA has a high relative strength, it outperformed 95.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APA is below a declining 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) | 52.34 | NEUTRAL | The RSI value for APA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests APA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.24 | NEUTRAL | The Stochastics value for APA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for APA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.78 | NEUTRAL | The ADX value for APA suggests a possible start of a new trend. |
APA Chart- and CandleStick Pattern Analysis
APA Technicals: Chart, Performance Metrics, Trend & Indicators
38.43
+0.7 (+1.86%)
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 52.3408. This indicates that the stock is currently neutral.
What is the MACD signal for APA CORP (APA) stock?
The MACD indicator for APA CORP (APA) has a value of -0.371364, 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.